Manjot Singh bought a new car for $14 888 and financed it at 8% compounded semi-annually. He wants to pay off the debt i

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Manjot Singh bought a new car for $14 888 and financed it at 8% compounded semi-annually. He wants to pay off the debt i

Post by answerhappygod »

Manjot Singh Bought A New Car For 14 888 And Financed It At 8 Compounded Semi Annually He Wants To Pay Off The Debt I 1
Manjot Singh Bought A New Car For 14 888 And Financed It At 8 Compounded Semi Annually He Wants To Pay Off The Debt I 1 (17.49 KiB) Viewed 11 times
Manjot Singh bought a new car for $14 888 and financed it at 8% compounded semi-annually. He wants to pay off the debt in 3 years, by making payments at the begining of each month. How much will he need to pay each month? a b C d $468.12 $460.52 $464,84 $462.61
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”