the luke company acquired new laser machine worth $580,000. the center plans to pay 40% advance payment and the balance by quarterly payments for 7 years. if money is worth 9% converted quarterly. how much must be paid quarterly? a. $16,886.79 b.$9,056.79 c.$16,515.20 d.$8,857.49
the luke company acquired new laser machine worth $580,000. the center plans to pay 40% advance payment and the balance by quarterly payments for 7 years. if money is worth 9% converted quarterly. how much must be paid quarterly? a. $16,886.79 b.$9,056.79 c.$16,515.20 d.$8,857.49
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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the luke company acquired new laser machine worth $580,000. the center plans to pay 40% advance payment and the balance by quarterly payments for 7 years. if money is worth 9% converted quarterly. how much must be paid quarterly?
a. $16,886.79
b.$9,056.79
c.$16,515.20
d.$8,857.49
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