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Mathematics 15 Online
OpenStudy (anonymous):

Suppose you have a 12-month loan of $1,200.00 at 12% interest to purchase a lawn mower and other gardening equipment. Each monthly payment is $106.56. The balance after the fourth payment is $816.04. How much do you save by paying off the loan with the fifth payment? A $825.48 B $28.28 C $426.24 D $842.20

OpenStudy (anonymous):

A i think

OpenStudy (anonymous):

Nope, not A

OpenStudy (anonymous):

@mrgray Any other ideas? I can't figure this one out at all

OpenStudy (anonymous):

ill go with C

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