A music company offers a loan to buy a drum set for $1500. The simple interest is 11.8% and the loan will be paid in equal monthly payments for 2 years. What is the monthly payment?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A music company offers a loan to buy a drum set for $1500. The simple interest is 11.8% and the loan will be paid in equal monthly payments ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which set of integers is not a pythagorean triple? 12,16,20/10,24,26 / 14,48,50/27,32,45
Answers (1)
A small toy company makes only cars and trucks. The profit made on cars is $2 each and the profit made on trucks is $3 each. To stay in business, the company must make at least $500 profit each week.
Answers (1)
A mint produces 150,000 souvenir coins each year. IN a random sample of 400 coins, 3 have a misprint. Predict the number of coins that will have a misprints in a year.
Answers (1)
Choose the correct statement. -2<-3 5>6 4>-4 0<-6
Answers (1)
Which rate is a unit rate? A: $120/3 tickets. B: 60gallons every 4 hours. C: 10 miles/10 hours. D: 1/2 cup per serving.
Answers (2)
New Questions in Mathematics
Tomas has two boxes to be shipped. One box weighs 3 / text{ kilograms}3 kilograms3, start text, space, k, i, l, o, g, r, a, m, s, end text. The other box weighs 720 / text{ grams}720 grams720, start text, space, g, r, a, m, s, end text.
Answers (1)
Paige saw 142 tourists in July. August, and September. She saw 32 tourists in July and 89 tourists in August. How many did Paige see in September
Answers (2)
Equivalent expression 3p+12m+8
Answers (1)
The value of the expression 6+5 (3) / 4-10is
Answers (1)
Drive-in movies were popular in the 1930s and 1940s. In 1933, there were 100 drive-in theater in the U. S by 1945 there were 2200. What was the percent of increase from 1933 to 1945?
Answers (1)