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Cash price 550 000 installment 4500 per month repayment term 240 months determine the amount to be paid if the installment option is used?

Cash price 550 000 installment 4500 per month repayment term 240 months determine the amount to be paid if the installment option is used?
asked 35.4k views
3 votes
Cash price 550 000

installment 4500 per month
repayment term 240 months

determine the amount to be paid if the installment option is used?

asked
User Evan Sharp
by
7.4k points

1 Answer

5 votes

Answer:

549 000

Explanation:

4500×122 months=549 000

answered
User Surajs
by
7.7k points
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