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Juan bought a refrigerator at a special sale. The refrigerator regularly sold for $1,125. No down payment was required. Juan has to pay $75 per month for 2 years. What is the average amount Juan pays in
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Juan bought a refrigerator at a special sale. The refrigerator regularly sold for $1,125.

No down payment was required. Juan has to pay $75 per month for 2 years.
What is the average amount Juan pays in interest each month?

User Thegrandchavez
by
5.5k points

1 Answer

4 votes

Answer:

49.923%

Explanation:

Good Luck :D

User Mathias Begert
by
6.3k points
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