Mathematics, 05.02.2021 04:50, noahdeem135

You buy $ 9400 worth of furniture for an apartment. You are able to pay $ 3000 down. The store charges 11% add-on
interest. You will pay off the furniture in 30 months.
What is the total amount to be paid off (both principle and interest) and what will be the monthly payment

Answers: 2

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You buy $ 9400 worth of furniture for an apartment. You are able to pay $ 3000 down. The store charges 11% add-on interest. You will pay off the furniture in 30 months. What is the total amount to be paid off (both principle and interest) and what will be the monthly payment

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You buy $ 9400 worth of furniture for an apartment. You are able to pay $ 3000 down. The store charges 11% add-on
interest. You will pay off the furniture in 30 months.
What is the total amount to be paid off (both principle and interest) and what will be the monthly payment