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(Annuity number of periods) Youve just bought a new flat-screen TV for $3,000 and the storo you bought it from offers to let you finance
(Annuity number of periods) Youve just bought a new flat-screen TV for $3,000 and the storo you bought it from offers to let you finance the ontine purchase at an annual rate of 14 percent compounded monthly. If you take se financing and make monthly paytents of $100, how long will it Fake to pary off the loan? How much will you pay in interest over the life of the loan? 2. The number of years z will take to pay off the loan is yoars. (Round to one decimal place)
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