Mathematics, 09.09.2020 08:01 michelle453

A sailboat costs $30,789. You pay 10% down and amortize the rest with equal monthly payments over a 8-year period. if you must pay 7.8% compounded monthly, what is your monthly payment? how much interest will you pay? (use the TMV Solver on calculator)

Monthly payments: $

interest: $

Answers: 1

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A sailboat costs $30,789. You pay 10% down and amortize the rest with equal monthly payments over a...