Mathematics, 16.11.2020 01:00 AM28
Carlos pays $25 for skis and borrows the remaining amount. The loan payments are $75 every 3 months for one and a half years. The interest rate is 16.2%/a compounded quarterly. What was the selling price of the skis?
a) $392.52
b) $417.52
c) $367.52
d) $523.10
Answers: 3
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Carlos pays $25 for skis and borrows the remaining amount. The loan payments are $75 every 3 months...
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