Carl purchased a different sort of automatic washer and you may more dry at the a complete prices from $3800. He produced a downpayment from $1500 and obtained a two year loan with the remaining number within mortgage regarding 6.2%. His monthly payments was $ more than a couple of years.
Refer back again to the acquisition regarding a tv to possess $4000. The fresh consumer agrees to help you an excellent 4 season label from the an attraction price out of 4.5%. a) Use the algorithm to select the monthly fees percentage b) Determine the total installment payments
A dining table place is purchased to own $5600. The acquisition are financed with a great step three season mortgage during the a keen interest out-of a dozen.5%. a) Make use of the algorithm to find the monthly repayment payment b) Dictate the installments.
Paul purchased a home enjoyment program in the a whole price of $6000. 5%. Use the algorithm to determine their monthly premiums. Confirm that which matches the total amount when you look at the Analogy step one.
Cassie bought a different sort of automatic washer and you can dryer during the a complete costs out of $3800. 2%. Continuar leyendo «The guy received an effective 3 seasons loan at the an interest rate away from eight»