Question
20 Amishi finances a piano for $3,390 by taking out an installment loan for 60 months. The payments were $98.87 per month and the total
20
Amishi finances a piano for $3,390 by taking out an installment loan for 60 months. The payments were $98.87 per month and the total finance charge was $2,542.20. After 24 months, Amishi decided to pay off the loan. After calculating the finance charge rebate, find her loan payoff.
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
