Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings account is
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Karen and Wayne need to buy a refrigerator because theirs just broke. Unfortunately, their savings account is depleted, and they will need to borrow money in order to buy a new refrigerator. Sears offers them an installment loan at \(15 \%\) (add-on rate). If the refrigerator at Sears costs \(\$ 1,598\) plus \(5 \%\) sales tax, and Karen and Wayne plan to pay for the refrigerator for 3 years, what is the monthly payment?
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First we need to find the total cost of the refrigerator by taking into account the 5 sales t...View the full answer
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Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
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I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
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