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2 votes
Can sombody please answer this

Can sombody please answer this-example-1
User MikZuit
by
7.6k points

1 Answer

4 votes
should be B. 173.50 (monthly payment)
cause
at 11.5% for 5 years, the monthly rate = 2.199

2.199% = 0.02199

so 7890 x 0.02199 = 173.50
User Jerseyboy
by
7.8k points