anonymous
  • anonymous
Sally purchased a dining room set for $1,780 using a 12-month deferred payment plan with an interest rate of 25.48%. She did not make any payments during the deferment period. What will Sally’s monthly payment be if she must pay off the dining room set within two years after the deferment period?
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
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anonymous
  • anonymous
@sportsgirl Any idea to start with?
anonymous
  • anonymous
i have no idea im so lost with this its not even funny
anonymous
  • anonymous
Can you fill the number into this formula A = P ( 1 + r ) ^t

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anonymous
  • anonymous
thats what i was thinking but using the formula to go with it the B=P(1+i)^nt
anonymous
  • anonymous
Could you fill the numbers in so I can know where your mistake?
anonymous
  • anonymous
1780(1+.2548/12)^12 i think lol
anonymous
  • anonymous
It's absolutely correct =)
anonymous
  • anonymous
ya but i get 2249.26 and that not an answer :(
anonymous
  • anonymous
No, it's just first step !
anonymous
  • anonymous
oooo wait do u no what the answer is because i think i got it and i got 95.43 but i feel like im wrong because i suck at this lol
anonymous
  • anonymous
Let me do the calculation!
anonymous
  • anonymous
alright lol
anonymous
  • anonymous
thats not one of the answers
anonymous
  • anonymous
$105.35 $122.80 $74.17 $95.44
anonymous
  • anonymous
Sally purchased a dining room set for $1,780 using a 12-month deferred payment plan with an interest rate of 25.48%. She did not make any payments during the deferment period. What will Sally’s monthly payment be if she must pay off the dining room set within two years after the deferment period? $105.35 $122.80 $74.17 $95.44 thats them together
anonymous
  • anonymous
ok hahaha
anonymous
  • anonymous
= $122.7968
anonymous
  • anonymous
thank you so much

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