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2. A $2000 loan is repaid with $200 payments at the beginning of every 3 months. If interest is 12% compounded monthly, how many months

2. A $2000 loan is repaid with $200 payments at the beginning of every 3 months. If interest is 12% compounded monthly, how many months will it take to pay off the loan? ans = 35 months 3 To buy a used car Sarah noods to save $14.000 How much would cho have to
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2. A $2000 loan is repaid with $200 payments at the beginning of every 3 months. If interest is 12% compounded monthly, how many months will it take to pay off the loan? ans = 35 months

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