question archive A business valued at $96 000 is purchased for a down payment of 25% and payments of $4000 at the end of every three months

A business valued at $96 000 is purchased for a down payment of 25% and payments of $4000 at the end of every three months

Subject:MathPrice: Bought3

A business valued at $96 000 is purchased for a down payment of 25% and payments of $4000 at the end of every three months. If interest is 9% compounded monthly, what is the size of the final payment?

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE