Question
Angela owes $10,376.34 10,376.34. She has made arrangements to repay the debt in installments of $319.63 319.63 per month, and will be charged monthly interest
Angela owes $10,376.34
10,376.34. She has made arrangements to repay the debt in installments of $319.63
319.63 per month, and will be charged monthly interest of 1.06
1.06% on the overdue balance. How many months will it take her to repay the debt and interest? Assume end-of-month payments.
How many months will it take Angela to pay off the debt?
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
