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Answered

rhian bought an automatic washing machine for 68,000 he made a 12.5% down payment and financed the balance over 12months if the interest was 7.5% find the monthly payment​

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Mjcaole3619go

Answer:

4,462.5 is the monthly payment

Step-by-step explanation:

first i multiply 68000 to 12.5% then the product is 8500

So I subtract 68000 to 8500 the difference is 59,500

Next 59,500 multiplied by 7.5% is equal to 4,462.5

4,462.5 times 12 equal to 53,550 the total payment in 12 months

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