Mathematics, 24.12.2019 20:31, carter4026

Rick is buying a small sailboat for $3,000 with a down payment of $1,000. the bank approved a simple interest flat rate loan for 2 years at 6% apr. how much are the monthly loan payments? (round to the nearest cent)

a.$83.33
b.$89.67
c.$93.33
d.$96.67

Answers: 2

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Rick is buying a small sailboat for $3,000 with a down payment of $1,000. the bank approved a simple...