28.2k views
3 votes
joe buys a new stereo for $875 and pays for it over two years with 6.5% simple interest. what is his monthly payment?

User Ifeomaro
by
7.9k points

1 Answer

6 votes
$38.83 should be your monthly payment.
User Hardanger
by
8.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.