Mathematics, 15.12.2021 01:00 Callmetay24
Joel is going to start a business. To cover his start-up costs he takes out two loans. Loan 1: Joel made an initial payment of $2,000 and will make monthly payments of $300 per month. Loan 2: Joel made an initial payment of $1,000 and will make monthly payments of $200 per month. How many months will it take Joel to pay off these two loans if they are $21,500 in total?
Answers: 1
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Joel is going to start a business. To cover his start-up costs he takes out two loans. Loan 1: Joel...
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