Mathematics, 18.02.2020 23:25, annalee15

Robert purchased a 2010 model sedan for $16,000. The dealership offered
him a $99/month payment for 60 months, after which the unpaid balance is
due. If the interest rate is 6%, find the balloon payment due at the end of 60
months.
O
A. $17,513.12
O
B. $15,000
C. $18,153.21
O
D. $14,674.37

Answers: 1

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Robert purchased a 2010 model sedan for $16,000. The dealership offered
him a $99/month payment...