Mathematics, 01.07.2019 19:30 Giabear23
Jerry buys a $4,700 motorcycle on a deferred payment plan. there is no down payment and no interest for eighteen months. jerry must make a minimum payment of $80 a month. to avoid a retroactive apr of 24%, he must pay the balance on full before the 18 months has passed. if he pays $80 each month ,how much should he pay the last month to avoid the interest charges?
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Jerry buys a $4,700 motorcycle on a deferred payment plan. there is no down payment and no interest...
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