IDNLearn.com is designed to help you find the answers you need quickly and easily. Ask your questions and get detailed, reliable answers from our community of knowledgeable experts.

You borrow $78,000 to buy a new car. The bank agrees to loan you the money at 10% compounded monthly for three years. What is the outstanding balance after the 24th payment is made? Choose the closest answer.
a) $30,202
b) $28,628
c) $32,719
d) $45,281
e) $25,379


Sagot :

Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. IDNLearn.com is your go-to source for dependable answers. Thank you for visiting, and we hope to assist you again.