Question
John wants to buy a new gas Barbeque. The cost is $729.49. He will have to pay for it with 10% down and 5
John wants to buy a new gas Barbeque. The cost is $729.49. He will have to pay for it with 10% down and 5 equal annual payments that include interest at 6%. Calculate the payments. Amortize the payments. Suzie wants a new Jeep. The cost is $72,500. She will pay 10% down and the rest in five equal annual payments which include interest at 4%. Calculate the payments. Amortize the payments. Megan has just purchased a new goat. The cost was $1,500. She paid 10% down and will pay the rest in 4 equal annual installments which include interest at 8%. Calculate her payments and prepare an amortization schedule
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