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Dr. Jones would like a computer system for the office to help with management of the clinic. The cost is $15,000, and the interest rate is 4.6%. The amount of interest to be paid is $3,450. How many months
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Dec 12, 2018
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Dr. Jones would like a computer system for the office to help with management of the clinic. The cost is $15,000, and the interest rate is 4.6%. The amount of interest to be paid is $3,450. How many months is the loan for?
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15,000 x 4.6%= 690 per month
690 x 5= 3,450
The loan is for 5 months.
Have a nice day! c:
Idragosalex
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Dec 19, 2018
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