Mathematics, 22.01.2021 19:30 awrgiAg
Haley purchased a jet ski for $2,485 using a 12-month deferment plan. The interest rate is 21.47%. A down payment of $475 is required as well as a minimum monthly payment of $78. What is the balance at the beginning of the 13th month if only the minimum payment is made during the introductory period? (4 points)
$2,408.65
$1,663.29
$2,486.65
$1,550.65
Answers: 1
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Haley purchased a jet ski for $2,485 using a 12-month deferment plan. The interest rate is 21.47%. A...
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