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To purchase $14,300 worth of lab equipment for his business, Reuben made a down payment of $1500 and took out a business
Posted: Thu May 12, 2022 3:47 pm
by answerhappygod
- To Purchase 14 300 Worth Of Lab Equipment For His Business Reuben Made A Down Payment Of 1500 And Took Out A Business 1 (18.85 KiB) Viewed 48 times
To purchase $14,300 worth of lab equipment for his business, Reuben made a down payment of $1500 and took out a business loan for the rest. After 2 years of paying monthly payments of $567.31, he finally paid off the loan. (a) What was the total amount Reuben ended up paying for the equipment (including the down payment and monthly payments)? х 5 ? (b) How much interest did Reuben pay on the loan? sl