asked 106k views
0 votes
Your favorite cousin bought a brand new couch during the holidays and decided to finance the purchase $2,800. She signed a contract for a 2 year loan, which compounds daily at 24.9%. What is the monthly payment that she can expect to make? (Select the closest number)

asked
User Zelusp
by
8.3k points

1 Answer

3 votes

Answer:

56 dollars

Explanation:

answered
User Ezaoutis
by
8.8k points
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