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Author Question: A refrigerator costs 800 on an installment plan that requires a down payment of 140 and monthly ... (Read 196 times)

segrsyd

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on: Jun 24, 2018
A refrigerator costs 800 on an installment plan that requires a down payment of 140 and monthly payments for 12 months. What are the monthly payments of the plan?

Question 2

Todd Smith paid 891.75 in interest on a 9-month note for 8,200. What rate of interest did Todd pay on the note?


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14vl19

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Reply #1 on: Jun 24, 2018
Answer to Question 1

55

Answer to Question 2

14.5


segrsyd

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Reply #2 on: Jun 24, 2018
Thank you :)


14vl19

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Reply #3 on: Jun 24, 2018
Happy to help you


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