Posted by Alexius on Wednesday, August 22, 2012 at 6:37pm.
3(0.89) + 2(2.98) + 4.99 = c
mr.thomas wants to buy a boat. he must make 548 monthly payments to pay back the amount he borrowed, plus interest. his monthly payment is $161.85. what other information is necessary to determine the amount of money mr.thomas borrowed from the bank.
What is the interest rate?
Tell Mr. Thomas it's ridiculous to take over 45 years to pay off this boat.
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