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Mathematics 15 Online
OpenStudy (anonymous):

justin buys a motorcycle for $10,000. The dealer is charging him an annual interest rate of 9.25% and is using the add-on method to compute monthly payments. If he pays off the loan in 72 months, what are his monthly payments? If he makes a down payment of $2,900, how much will his monthly payments be? Do not round until the final answer. Then, round to the nearest cent. A$432.78; $153.34 B $215.97; $279.14 C $215.97; $153.34 D $215.97; $307.27

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