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I need the answer as soon as possible A couple bought $8,000 worth of furniture from The Rock. Starting exactly eight months from now they
I need the answer as soon as possible
A couple bought $8,000 worth of furniture from The Rock. Starting exactly eight months from now they will make their first of 14 monthly payments to pay off the furniture plus $325.66 accumulated interest. The interest rate is 6% compounded monthly the entire time including the waiting period. Calculate the size of their monthly payment. A) $590.15 B) $617.23 C) $1,058.96 D) $614.16Step by Step Solution
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