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Science220 Science220
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3 months ago

Victor bought a gas stove for $3,000. Victor has decided that he can afford to pay only $350 per month. Can you calculate at the end of month 2 the balance of the loan outstanding? Use the U.S. Rule. The monthly interest charged is 3% on the unpaid balance.

Note: Round your answer to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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GremGrem
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Science220 Author
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3 months ago
Helped a lot
Mcb
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Yesterday
Thank you, thank you, thank you!
einstein
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2 hours ago
this is exactly what I needed
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