Sulaiman bought a machinery for 9000 RO. He put down 20% and obtained a mortgage for 25 years at 7% interest rate. What is Sulaiman's monthly payment? a. 56 RO b. 66 RO c. 76 RO d. 87 RO

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.43TI: Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5%...
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Sulaiman bought a machinery for 9000 RO. He put down 20% and obtained a mortgage for 25 years at 7% interest rate. What is Sulaiman's monthly payment? a. 56 RO b. 66 RO c. 76 RO d. 87 RO
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