Mathematics, 23.07.2019 13:10 dl34574
Henry buys a large boat for the summer, however he cannot pay the full amount of $32,000 at once. he puts a down payment of $14,000 for the boat and receives a loan for the rest of the payment of the boat. the loan has an interest rate of 5.5% and is to be paid out over 4 years. what is henry’s monthly payment, and how much does he end up paying for the boat overall? ( show steps) : )
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Henry buys a large boat for the summer, however he cannot pay the full amount of $32,000 at once. he...
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