- 45 0 03 0 09 Points Details Previous Answers Harmathap12 6 5 020 My Notes John Fore Purchased 24 000 Worth Of Equip 1 (20.85 KiB) Viewed 80 times
45. (0.03/0.09 Points) DETAILS PREVIOUS ANSWERS HARMATHAP12 6.5.020. MY NOTES John Fore purchased $24,000 worth of equip
-
answerhappygod
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
45. (0.03/0.09 Points) DETAILS PREVIOUS ANSWERS HARMATHAP12 6.5.020. MY NOTES John Fore purchased $24,000 worth of equip
45. (0.03/0.09 Points) DETAILS PREVIOUS ANSWERS HARMATHAP12 6.5.020. MY NOTES John Fore purchased $24,000 worth of equipment by making a $4000 down payment and promising to pay the remainder of the cost in semiannual payments over the next 6 years. The interest rate on the debt is 89, compounded semiannually. Find the following. (Round your answers to the nearest cent.) (a) the size of each payment $ 2131.04 $25572.48 (b) the total amount paid over the life of the loan x (c) the total interest paid over the life of the loan Need Help? Read Show My Work