SOLUTION: Compute the monthly payments for an add-on interest loan of $1,200, with an annual interest rate of 9 percent and a term of 2 years. Round to the nearest cent as needed.
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Compute the monthly payments for an add-on interest loan of $1,200, with an annual interest rate of 9 percent and a term of 2 years. Round to the nearest cent as needed.
Log On
Question 661524: Compute the monthly payments for an add-on interest loan of $1,200, with an annual interest rate of 9 percent and a term of 2 years. Round to the nearest cent as needed.
(