192k views
2 votes
For the best terms on a loan or credit card, you need a credit score above 700. to achieve this, start establishing credit now. pay all of your bills on time. in addition, use only one-third of your available credit limit and pay off your revolving balance(s) each month. r.j.johnson has excellent credit. she wants to purchase a piece of equipment for her business and was offered 7% for 72 months for the $62,000 unit. what is her monthly payment by add-on method?

User Halostack
by
8.8k points

1 Answer

5 votes
$1222.78 would be the monthly payment 
User Chris Berlin
by
7.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.