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OpenStudy (anonymous):
PLEASE I REALLY NEED HELP! Wyatt purchased a living room set for $4109 with an 18-month deferred payment plan. The interest rate on the plan was 27.41%. The living room set must be paid off within three years after the deferment period. What is the total cost of the living room set if she made no payments during the deferment period and made only minimum payments after the deferment period?? Please show how you got the answer. I don't understand how to solve it.
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OpenStudy (anonymous):
I know that the answer is $9,117.00 I just need to know how to get it??
OpenStudy (anonymous):
Anyone?? I'll give a medal.
OpenStudy (anonymous):
and become a fan.
OpenStudy (anonymous):
sorry about that
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