Mathematics, 22.02.2021 01:10 tamekiablair502
To purchase $13,100 worth of machinery for his business, Manuel made a down payment of $1800 and took out a business loan for the rest. After 3 years of paying monthly payments of $343.78, he finally paid off the loan.
(a) What was the total amount Manuel ended up paying for the machinery (including the down payment and monthly payments)?
$
(b) How much interest did Manuel pay on the loan?
$
Answers: 2
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To purchase $13,100 worth of machinery for his business, Manuel made a down payment of $1800 and too...
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