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(Solved): ( 3 pts) The counselor mentioned in question #2 decides that she can actually afford payments of $22 ...
( 3 pts) The counselor mentioned in question #2 decides that she can actually afford payments of
$225. How many fewer months would it take to pay off the loan if she made payments of
$225? (Annual interest rate is still
19.4%and the loan amount is
$10,123.87).
N=
FV=
I%=
(P)/(Y)=PV
=
(C)/(Y)=PMT
=PMT: END BEGIN It will take
?(round UP to the nearest whole number) months to pay off the loan if the monthly payments are $225. This i:
?fewer months than if she only made payments of $175. 4. Jeremiah wants to buy a brand-new gaming system. The grand total for his purchase is
$1635. He decides to make a
20%down payment on the purchase and put the rest on his store credit card. The interest rate
