Question
On January 2nd 2021 Gwyneth Paltrow buys magic healing crystals for $7250. She paid $1300 down and agrees to pay the balance by monthly installments
On January 2nd 2021 Gwyneth Paltrow buys magic healing crystals for $7250. She paid $1300 down and agrees to pay the balance by monthly installments of $275 plus a smaller final payment with the first payment on February 2nd 2021. If the interest is j1 = 9% what date is the final payment and the amount?
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Financial Accounting In An Economic Context
Authors: Jamie Pratt
7th Edition
0470128828, 978-0470128824
