Mitchell took out a loan for $1100 at a 19.2% APR, compounded monthly, to
buy a scanner. If he...
![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 05.05.2020 19:06, AnastaziaOpfer3822
Mitchell took out a loan for $1100 at a 19.2% APR, compounded monthly, to
buy a scanner. If he will make monthly payments of $71.50 to pay off the
loan, how many total payments will he have to make?
A. 16
B. 19
C. 18
D. 17
![answer](/tpl/images/cats/otvet.png)
Answers: 1
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