Carl Carpenter buys a drill press. The price, including tax, is $675.00. He finances the drill press over 24 months after making a $50 down payment. The true annual interest rate is 14%. What are Carl's monthly payments (principal plus interest)?

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kittiwitti1 · Answer

$\color{#0cbb34}{\text{Originally Posted by}}$ @rosaamariaaa Carl Carpenter buys a drill press. The price, including tax, is $675.00. He finances the drill press over 24 months after making a $50 down payment. The true annual interest rate is 14%. What are Carl's monthly payments (principal plus interest)? $\color{#0cbb34}{\text{End of Quote}}$ Hello! Welcome to OpenStudy. You are currently in the OPENSTUDY FEEDBACK section; I believe you are looking for the MATHEMATICS section, which is here http://openstudy.com/study#/groups/Mathematics Here is a tutorial video! :) Also, you should review OpenStudy Code of Conduct: http://openstudy.com/code-of-conduct ^_^

kittiwitti1 · Answer

Oops; forgot to include the tutorial video! Here it is https://www.youtube.com/watch?v=groHz5D9VAg Happy OpenStudying! ♣

rebeccaxhawaii · Answer

WELCOME TO OS
you may wanna post this in the math section