Anthony purchased a $218 stereo system at Wrigley's Department Store. He paid $46 down and agreed to pay the balance in 12 equal monthly payments. The finance charge was 8.9% simple interest. What was the amount of each payment?
Anthony purchased a $218 stereo system at Wrigley's Department Store. He paid $46 down and agreed to pay the balance in 12 equal monthly payments. The finance charge was 8.9% simple interest. What was the amount of each payment?
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.52TI: Loren lent his brother $3,000 to help him buy a car. In four years, his brother paid him back the...
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Anthony purchased a $218 stereo system at Wrigley's Department Store. He paid $46 down and agreed to pay the balance in 12 equal monthly payments. The finance charge was 8.9% simple interest. What was the amount of each payment?
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