Mathematics, 19.04.2021 22:20, viicborella
A health-food store owner buys new products for his store by borrowing against a credit line of $4,500 from one of his wholesale suppliers. He is usually given 9 months to pay the money back. The store owner borrows the full amount and is told by the supplier that his monthly payments will be $600 a. How much did the distributor pay back altogether? How much in interest did the distributor pay for the loan?
Answers: 2
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A health-food store owner buys new products for his store by borrowing against a credit line of $4,5...
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