Friday
August 29, 2014

Homework Help: Math/Financing

Posted by Trevor on Sunday, October 22, 2006 at 10:05am.

I need help with a math problem. If someone finances an item at an apr rate of 17.99% interest, and pays all charges off in 2 months, what will the total amount paid for the item be. Assuming there is no annual fee and the minimum finance charge is $2.00

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - Suppose the interest rate is 8% APR with monthly compounding. What is the...
Business - Lee purchased an automobile for $17,000 with a 16.0% APR for 78 ...
Math - Assume the car can be purchased for 0% down for 60 months (in lieu of ...
Finance - suppose the interest rate is 8% apr with monthly compounding. what is ...
fiance - suppose the interest rate is 8% APR with monthly compounding. What is ...
math - Assume the car can be purchased for 0% down for 60 months (in lieu of ...
math - Assume the car can be purchased for 0% down for 60 months (in lieu of ...
algebra - Assume the car can be purchased for 0% down for 60 months (in lieu of ...
math - Suppose the intrest rate is 8%APR on a monthly compounding. What is the ...
math using rule 78 - a loan for $400 is to be paid off in 66 months witha ...

Search
Members