Business Finance
Business and Finance

Question Description

An entertainment center is financed at a total cost of $2305.31 including a down payment of $250. If the center is financed over 24 months, find the monthly payment. Round to nearest cent as needed.

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Final Answer

cost = 2305.31

down payment= 250

remaining= 2305.31-250= 2055.31

24 monthly payment= 2055.31/24= 85.63= $86

whgrab (12079)
Boston College

Anonymous
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