A problem is listed below. Identify its type. A local gym recently got an underground pool installed from Swim Inc. The pool cost the gym $27,000. The gym made a down payment of 10% of the total cost of the pool and financed the rest through Swim Inc. for 2 years at 19% per year compounded monthly. How much are their monthly payments

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

apex verified answer < 3

: : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : d. choose to : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : :

i really hope this < 3 < 3 < 3

answera public company has access to more capital;

answerbland allison silver purchase act);