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45. (0.03/0.09 Points) DETAILS PREVIOUS ANSWERS HARMATHAP12 6.5.020. MY NOTES John Fore purchased $24,000 worth of equip
Posted: Tue Nov 16, 2021 7:02 am
by answerhappygod
- 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 82 times
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