The Masters family financed a computer that cost $1,200. If the interest rate is 19%, how much will the family owe for the computer after one month if no payments are made?

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Moody asked Oct 26, 2023

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The Masters family financed a computer that cost $1,200. If the interest rate is 19%, how much will the family owe for the computer after one month if no payments are made?

Mathematics
college

Moody asked Oct 26, 2023

by Moody

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Answer:

Step-by-step explanation:

Given the following

Cost of computer = $1200 (Principal)

Interest rate = 19%

Year = 1 month = 1/12 year

CodyEakins answered Oct 31, 2023

by CodyEakins

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