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who can help me on a word problem???
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Whats the word problem... >_>
WHAT IS THE WORD PROBLAMO -__-
Bailey purchased a home entertainment center set for $3,276 using an 18-month deferred payment plan with an interest rate of 26.24%. She did not make any payments during the deferment period. What will Bailey’s monthly payment be if she must pay off the dining room set within three years after the deferment period?
so can anyone help?
I'm not 100% sure, but for interest you multiply .2624 by 3276 to get 875.26... I haven't done interest in a really long time, so sorry.
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