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kherson [118]
2 years ago
10

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

Mathematics
2 answers:
Mila [183]2 years ago
7 0
6840 that is the answer
raketka [301]2 years ago
4 0

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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