You decide to buy a 60-inch plasma-screen TV. To do so, you borrow $4,300 from the electronics store at 1.8 percent per month simple interest, with no payments due for two years from the date of purchase.

How much do you owe on the loan after 15 months? Round your answer to the nearest whole dollar.

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10 November, 10:43

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Luz Landry · Answer 1

Luz Landry 10 November, 11:05

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I'm confused now explain

You decide to buy a 60-inch plasma-screen TV. To do so, you borrow $4,300 from the electronics store at 1.8 percent per month simple interest, with no payments due for two years from the date of purchase.How much do you owe on the loan after 15 months? Round your answer to the nearest whole dollar.