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Mathematics, 14.04.2020 18:41 moisescab662

Matt Brawn bought a diamond engagement ring for $10,800. His down payment was $3600. The balance was to be paid off in 24 monthly payments of $333.87. Matt was able to pay off his loan at the end of 18 months. Using the actuarial method, find the unearned interest and the payoff amount. Refer to the APR table, Annual Percentage Rate, as needed.

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Matt Brawn bought a diamond engagement ring for $10,800. His down payment was $3600. The balance was...

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