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Francisco purchased a 2010 model sedan for $24,999. The dealership offered him a $199/month payment for 48 months, after which the unpaid balance is due. If the interest rate is…

Francisco purchased a 2010 model sedan for $24,999. The dealership offered him a $199/month payment for 48 months, after which the unpaid balance is due. If the interest rate is…
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Francisco purchased a 2010 model sedan for $24,999. The dealership offered him a $199/month

payment for 48 months, after which the unpaid balance is due. If the interest rate is 6%, find the
balloon payment due at the end of 48 months.

asked
User Bharath K
by
7.8k points

1 Answer

3 votes
900 because look 51 * 71 = 9187 so then just after simplify
answered
User Jhoule
by
7.9k points
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