asked 28.2k views
3 votes
joe buys a new stereo for $875 and pays for it over two years with 6.5% simple interest. what is his monthly payment?

asked
User Ifeomaro
by
7.9k points

1 Answer

6 votes
$38.83 should be your monthly payment.
answered
User Hardanger
by
8.8k points
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