Suppose that the Samsung TV is purchased for $650 on a loan from a consumer-finance company that

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Suppose that the Samsung TV is purchased for $650 on a loan from a consumer-finance company that charges interest at 30% compounded monthly. What regular beginning-of-week payment would pay off the loan in three years?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:02 AM

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Suppose that the Samsung TV is purchased for $650 on a loan from a consumer-finance company that

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With PV due 650 j 30 m 52 ...View the full answer

Business Mathematics In Canada

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