SOLUTION: Bob has a debt of $6,256 at 29% interest. He wants to pay it off in two years. How much must he pay each month to meet this goal?

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Question 810173: Bob has a debt of $6,256 at 29% interest. He wants to pay it off in two years. How much must he pay each month to meet this goal?
Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
$346.58
for 24 months
for a total of
$8317.92