The Masters family financed a computer that cost $1,200. If the interest rate is 19%, how much will the family owe for the computer after one month if no payments are made?

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Dmitry Polyanitsa · Answer 1 · 2023-03-27T05:22:55+0000

Answer:

Step-by-step explanation:

Given the following

Cost of computer = $1200 (Principal)

Interest rate = 19%

Year = 1 month = 1/12 year

I