Business, 11.01.2020 01:31 angryapple1133
you've just bought a new flat screen tv for $3 comma 000 and the store you bought it from offers to let you finance the entire purchase at an annual rate of 10% compounded monthly. if you take the financing and make monthly payments of $107, how long will it take to pay the loan off? how much will you pay in interest over the life of the loan? (that is, what is the difference between the total of all your payments and the amount of your payments that went toward your principal of $ 3 comma 000? )
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you've just bought a new flat screen tv for $3 comma 000 and the store you bought it from offers to...
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