Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
The owner of a bowling alley buys new equipment for $41,000. He makes a down payment of $12,000 and finances the balance at APR over 60 months. Before making the 37th payment, the owner decides to pay
The owner of a bowling alley buys new equipment for $41,000. He makes a down payment of $12,000 and finances the balance at APR over 60 months. Before making the 37th payment, the owner decides to pay the remaining balance on the loan. What is the total amount due to pay off the balance?
$11,802.35
$12,969.61
$18,336.35
$13,585.77
