Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

7. on january 1, laquita bought an used car for $7,200 and agreed to pay for it as follows: 1/3 down payment, the balance to be paid in 36 equal monthly payments, the first payment due february 1, an annual interest rate of 9% compounded monthly. a. what is the amount of laquita’s monthly payment b. during the summer laquita made enough money to pay off the entire balance due on the car as of october 1 (october 1 payment plus the amounted owed on the loan). how much did laquita owe on october 1 after the october 1 payment?

Sagot :

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.