Mathematics, 23.11.2020 01:30 kyriejr

Ryan wishes to purchase a new boat and can afford monthly payments of up to $300 per month. Finance is available and the terms are that the loan lasts for 3 years, and the annual interest rate is 12%. What is the maximum price for a boat that Ryan's budget can afford? Round your answer to the nearest hundred dollars. Do NOT round until you calculate the final answer. Do NOT include commas or the dollar sign in your answer.

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Ryan wishes to purchase a new boat and can afford monthly payments of up to $300 per month. Finance...

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