Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

connect ule 4 Homework On-line Sections value 1.00 points For the best terms on a loan or credit card, you need a credit score above

image text in transcribed
connect ule 4 Homework On-line Sections value 1.00 points For the best terms on a loan or credit card, you need a credit score above 700. To achieve this, start establishing credit now. Pay all of your bills on time. In addition, use only one-third of your available credit limit and pay off your revolving balance(s) each month. R.J.Johnson has excellent credit She wants to purchase a piece of equipment for her business and was offered 7% for 72 months for the S52.000 unit What is her monthly payment by add-on method? (Round your answer to the nearest cent.) Monthly payment References eBook& Resources Worksheet Difficulty: Intermediate Check my work

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algorithmic Finance A Companion To Data Science

Authors: Christopher Hian-ann Ting

1st Edition

9811238308, 978-9811238307

More Books

Students also viewed these Finance questions