Bill buys a top-of-the-line computer for $4193.97 and pays off the loan (at 4.8% interest compounded monthly)

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Bill buys a top-of-the-line computer for $4193.97 and pays off the loan (at 4.8% interest compounded monthly) by paying $100 at the end of each month. After how many months will the loan be paid off?

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Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

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Question Posted: Feb 12, 2018 09:29 AM

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Bill buys a top-of-the-line computer for $4193.97 and pays off the loan (at 4.8% interest compounded monthly)

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Finite Mathematics and Its Applications

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