The guy received an excellent step three season financing at the an interest rate off eight
Carl ordered another washing machine and you can dryer on a total rates out of $3800. The guy made a deposit out of $1500 and you can gotten a two year loan for the kept amount during the mortgage loan out-of six.2%. His monthly payments would be $ more 2 installment loans online Delaware years.
Send back once again to the purchase regarding a television to possess $4000. The latest purchaser believes so you can a cuatro 12 months label at the an interest speed away from cuatro.5%. a) Use the formula to search for the month-to-month repayment commission b) Determine the complete installment payments
A dining table put is paid for having $5600.