Business and Finance


label Business
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

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.

Aug 28th, 2014

cost = 2305.31

down payment= 250

remaining= 2305.31-250= 2055.31

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

Aug 28th, 2014

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Aug 28th, 2014
...
Aug 28th, 2014
Nov 19th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer