Answered

Welcome to Westonci.ca, the place where your questions find answers from a community of knowledgeable experts. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

To purchase $12,200 worth of restaurant equipment for her business, Linda made a down payment of $1600 and took out a business loan for the rest. After 3
years of paying monthly payments of $322.48, she finally paid off the loan.
(a) What was the total amount Linda ended up paying for the equipment
(including the down payment and monthly payments)?
$0
(b) How much interest did Linda pay on the loan?
$0

Sagot :

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.