Jean borrowed $3600 from the bank in order to buy a new piano. She will pay it off by equal payments at the end of each week for 4 years. The annual interest rate is 6.85%. Determine the size of...


Jean borrowed $3600 from the bank in<br>order to buy a new piano. She will pay it off by equal<br>payments at the end of each week for 4 years. The<br>annual interest rate is 6.85%. Determine the size of<br>payments, and the total interest paid.<br>Express your answers rounded to the nearest cent!<br>Payments: $<br>Total interest: $<br>If you haven't answered the question correctly in 3<br>attempts, you can get a hint.<br>

Extracted text: Jean borrowed $3600 from the bank in order to buy a new piano. She will pay it off by equal payments at the end of each week for 4 years. The annual interest rate is 6.85%. Determine the size of payments, and the total interest paid. Express your answers rounded to the nearest cent! Payments: $ Total interest: $ If you haven't answered the question correctly in 3 attempts, you can get a hint.

Jun 07, 2022
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