SOLUTION: Jane Windsor financed a $5,900 ski boat with a 12% add-on interest installment loan for 12 months. Given the loan required a 10% down payment, determine the following:

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Question 1168448: Jane Windsor financed a $5,900 ski boat with a 12% add-on interest installment loan for 12 months. Given the loan required a 10% down payment, determine the following:
Answer by ikleyn(52906) About Me  (Show Source):
You can put this solution on YOUR website!
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Jane Windsor financed a $5,900 ski boat with a 12% add-on interest installment loan for 12 months.
Given the loan required a 10% down payment, determine the following:
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This post/problem is  FATALLY  DEFECTIVE,  since it does not define what to determine.

Extreme degree of inaccuracy.