Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what formula can i used to solve this ? Industrial Tools owea you $38,600. This amount is seriousty delinquent, so you have offered to accept

what formula can i used to solve this ?
image text in transcribed
Industrial Tools owea you $38,600. This amount is seriousty delinquent, so you have offered to accept weekty poyments for one year at an interest rote of 6.24 percent to:settie this debt in full. What is the amount of each poyment? Multiple Cheice $829,90 $753.71 $599.04 $609.18 $766.15

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

More Books