Answer to Question #154141 in Financial Math for austin

Question #154141

A down payment of 15% plus 6 monthly payments of $320


1
Expert's answer
2021-01-07T12:54:51-0500

Installment payment ;320×6=$1920


Hire Purchase =100%


If 85%=1,920

100%=?


Then "\\frac{100\u00d71920}{85}="


=$2,258.82

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