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DanaDayWgame

  • 3 years ago

15. Abraham purchased a living room set for $3,742 using an 18-month deferred payment plan with an interest rate of 18.79%. What is the balance after the deferment period if no payments are made? (1 point) $4,844.77 $4,949.50 $3,742.00 $4,445.12

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  1. Bineet
    • 3 years ago
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    $4949.50

  2. Bineet
    • 3 years ago
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    ((1+0.1879/12)^18)*3742

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