Mathematics, 22.12.2019 22:31, cuppykittyy

Christopher took out a 4 year loan for $1150 at a sports-equipment store to be paid back with monthly payments at a 42% apr, compounded monthly. if the loan offers no payments for the first 9 months, how much will christopher owe when he begins making payments?

o a. $1150.00

o b. $1199.24

o c. $1359.98

o d. $1186.74

Answers: 2

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Christopher took out a 4 year loan for $1150 at a sports-equipment store to be paid back with monthl...