Cash price 550 000 installment 4500 per month repayment term 240 months determine the amount to be paid if the installment option is used?

Michael Dorfman asked Mar 21, 2023

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5 votes

Cash price 550 000

installment 4500 per month
repayment term 240 months

determine the amount to be paid if the installment option is used?

Michael Dorfman asked Mar 21, 2023

2.6k points

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17 votes

Answer:

549 000

Explanation:

4500×122 months=549 000

Aaron Saarela answered Mar 26, 2023

2.9k points

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