SOLUTION: An $1,800 appliance is paid off over 6 years at 7%, compounded monthly. When the deal is fully paid off, how much will have been paid?
Use the formula A=P[1+r/m]^mt
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Use the formula A=P[1+r/m]^mt
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Question 983710: An $1,800 appliance is paid off over 6 years at 7%, compounded monthly. When the deal is fully paid off, how much will have been paid?
Use the formula A=P[1+r/m]^mt Answer by solver91311(24713) (Show Source):
