Robert purchased a 2010 model sedan for $18,000. The dealership offered
him a $99/month paymen...
Mathematics, 06.03.2020 23:01, korban23
Robert purchased a 2010 model sedan for $18,000. The dealership offered
him a $99/month payment plan for 48 months, at the end of which the unpaid
balance will be due. If the interest rate is 6%, find the balloon payment due at
the end of 48 months.
O
A. $17,513.12
O
B. $19,726.27
O
C. $18,153.21
O
D. $15,000
Answers: 2
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