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Home Q & A Board Science-Related Homework Help Mathematics
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pharmdwannabe pharmdwannabe
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A year ago
C&D Stereo sold a stereo system on a plan that required no down payment and nothing to pay until January 1 (four months away). Then the first of 12 monthly payments of $226.51 must be made. The payments were calculated to provide C&D Stereo with a return on the account receivable of 16.5% compounded monthly. What was the selling price of the stereo system?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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aliwchamounaliwchamoun
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A year ago
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pharmdwannabe Author
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A year ago
Thank you, thank you, thank you!
dedricgard
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Yesterday
Correct Slight Smile TY
jakechambo3
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2 hours ago
Thanks for your help!!
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