Sara purchased a new bedroom set for $3400. She financed the purchase for 2 years at an annual interest rate of 9%. What is the monthly payment for the bedroom set?

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asked Feb 24, 2023 221k views

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Sara purchased a new bedroom set for $3400. She financed the purchase for 2 years at an annual interest rate of 9%. What is the monthly payment for the bedroom set?

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Mxscho asked

by Mxscho

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It’s $37 a month, because if you divide 9% by 3400, you get 37

Fishcracker answered Mar 2, 2023

by Fishcracker

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