66.6k views
2 votes
Harley took out a 1-year loan for $2800 at an electronics store to be paid back

with monthly payments at a 16.8% APR, compounded monthly. If the loan
offers no payments for the first 3 months, how much will Harley owe when he
begins making payments?

User VinceJS
by
7.6k points

1 Answer

1 vote

Answer:

2919.25

Explanation:

I took a risk and answer on my test, and failed but here y'all go

User Deanie
by
8.3k points
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