math

Compute the monthly payments for an add-on interest loan of $850, with an annual interest rate of 15 percent and a term of 4 years.

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asked by mac
  1. 850(1+.15/12)^48
    = 1543.o516
    Monthly payment
    1543.0516/48 = $32..15

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    posted by Kuai
  2. MY NAME IS PONCHELO MY LAST NAME IS CADET AND IM 8 YEAR OLD

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    posted by ponchelo

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