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sergij07 [2.7K]
3 years ago
12

​You've just bought a new flat screen TV for ​$3 comma 000 and the store you bought it from offers to let you finance the entire

purchase at an annual rate of 10​% compounded monthly. If you take the financing and make monthly payments of ​$107​, how long will it take to pay the loan​ off? How much will you pay in interest over the life of the​ loan? (That​ is, what is the difference between the total of all your payments and the amount of your payments that went toward your principal of $ 3 comma 000​?)
Business
1 answer:
pav-90 [236]3 years ago
8 0

Explanation:

may be that so that be the fisrt thing there

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Answer:

<u>$1,300</u>

Explanation:

Only the cost that are directly related to the business conference is to be deducted as Melissa's business tax. Sightseeing cost is therefore not part of her original plan. The business related cost are therefore;

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A summation of this cost would give $1,300 as the amount of the total costs that can Melissa deduct as business expenses.

5 0
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5 0
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