codydana codydana

09-02-2022
Mathematics

contestada

Find the equivalent cash price of a $1500 monthly payment over two years assuming 18% interest compounded monthly.

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Frixxyy Frixxyy

09-02-2022

Answer:

6480

Step-by-step explanation:

18% of 1500 is 270 x 24 for each month of 2 years and you get 6480

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ddolahmohamed ddolahmohamed

09-02-2022

6840 that is the answer

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