Ask Question
21 July, 04:50

Julio purchased some power tools totaling $2174 using a six-month deferred payment plan with an interest rate of 28.19%. He did not make any payments during the deferment period. What will the total cost of the power tools be if he must pay off the power tools within two years after the deferment period?

+4
Answers (1)
  1. 21 July, 04:59
    0
    I believe you have to do a cross product formula.

    2174/x = 28.19/100
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Julio purchased some power tools totaling $2174 using a six-month deferred payment plan with an interest rate of 28.19%. He did not make ...” 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