vtaufa724 vtaufa724

02-08-2020
Mathematics

contestada

A bank is offering a loan to account holders. If they pay the full amount off in fourteen months, they are charged no interest. Denise needs a $6,500 loan to get a new car. In order for her to avoid the interest charge, how much will she have to pay back each month?

Respuesta :

notgonnalye notgonnalye

02-08-2020

Answer:

$464.29

Step-by-step explanation:

Assuming equal payments, $6500/14 months=$464.2857, or round up to $464.29/month.

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