Mathematics, 16.11.2020 01:00, AM28

Carlos pays $25 for skis and borrows the remaining amount. The loan payments are $75 every 3 months for one and a half years. The interest rate is 16.2%/a compounded quarterly. What was the selling price of the skis? a) $392.52

b) $417.52

c) $367.52

d) $523.10

Answers: 3

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Carlos pays $25 for skis and borrows the remaining amount. The loan payments are $75 every 3 months...