Question
A computer costs $1200. You pay $200 in cash and finance the rest for 2 years at 4% interest compounded monthly. If you make monthly
A computer costs $1200. You pay $200 in cash and finance the rest for 2 years at 4% interest compounded monthly. If you make monthly payments, what is the total amount of interest that youll end up paying? Round your answer to 2 decimal places.
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Cost Of Capital Applications And Examples
Authors: Shannon P. Pratt, Roger J. Grabowski, Richard A. Brealey
5th Edition
1118555805, 9781118555804
