Mathematics, 25.11.2021 07:20, gurlnerd

Carl purchased a $276 car stereo at Worst Buy. He paid $47 at the time of purchase and agreed to pay the balance in 12 equal monthly payments. The finance charge was
11% simple interest. What was the amount of each payment?
State your answer in terms of dollars rounded to the nearest cent (hundredth).

Answers: 3

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Carl purchased a $276 car stereo at Worst Buy. He paid $47 at the time of purchase and agreed to p...