Business, 15.02.2021 21:40, izabelllreyes

You decided to take advantage of the Black Friday deals and buy kitchen cabinets at Home Depot. You will be paying for the cabinets with a Home Depot consumer loan in the amount $7,130. To pay off the loan you will be required to make monthly payments for 4 years. The loan interest rate is 5 percent per year. Calculate the amount of each payment.

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You decided to take advantage of the Black Friday deals and buy kitchen cabinets at Home Depot. You...