Question

Michael opens a store credit card when he purchases a new computer. The interest rate is 25.45%. He charges $2,380 to the card, and can pay $850 per month. What will the total cost of his purchase be?

Answer 1

Is this annuity?

Answer 2

Advanced Algebra with Financial Applications

Answer 3

You know the formula to use with this?

Answer 4

Also, i'm probably not much help.

Answer 5

if you need more technical help, try posting the url link in the chats/

Answer 6

Kay

Answer 7

oh, is this like using the parabolic equation thing?