Question
Marika bought a $7,000 computer. Based on her income, Marika could afford to pay back only $700 per month. The charge on the unpaid balance
Marika bought a $7,000 computer. Based on her income, Marika could afford to pay back only $700 per month. The charge on the unpaid balance is 1.5% . The U.S. Rule is used in the calculation. Calculate the balance outstanding after the second month.
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Get StartedRecommended Textbook for
Dynamic Business Law The Essentials
Authors: Nancy Kubasek, Neil Browne, Daniel Herron
2nd edition
978-0077630430, 77630432, 73524972, 978-0073524979
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