Register
boat costs $54,000. you pay 10% down and amortize the rest with equal monthly payments over a 15 year period. If you must pay 4.5 % comounded monthly, what is your monthly payment?
14.8k views
5 votes
boat costs $54,000. you pay 10% down and amortize the rest with equal monthly payments over a 15 year period. If you must pay 4.5 % comounded monthly, what is your monthly payment?

User STT LCU
by
7.7k points

1 Answer

3 votes

3385.8

Explanation:

User NVRM
by
8.5k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Link Copied!