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22-04-2020
Mathematics

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a music company offers a loan to buy a drum set for 1500 dollars. what is the monthly payment. 11.8 simple interest equal monthly payment for 2 years

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Аноним Аноним

22-04-2020

Answer:

I = Prt

I = 1500(.118)(2) = 354

Total amount to pay = $1854

Monthly payment = $77.25

Step-by-step explanation:

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