Mathematics, 01.02.2021 05:10 bgcxz
- David mows lawns as a part-time job. He needs to buy a new lawn
tractor, which will cost $6583. The bank offers him a loan at 12.4%
compounded monthly, with payments of $250 at the end of each month.
a) How long will David need to make payments?
b) How much interest will he pay?
Answers: 2
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- David mows lawns as a part-time job. He needs to buy a new lawn
tractor, which will cost $6583. T...
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