Mathematics, 09.03.2020 06:57 mati7itam

4. Sara borrowed funds to buy furniture for her business. Her business paying $100 at the end of each month for five years. The bank charges interest on the loan at 6% compounded monthly. a. What was the cash price of the furniture? b. How much is the cost of financing

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4. Sara borrowed funds to buy furniture for her business. Her business paying $100 at the end of eac...

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