(3 points) Jeremy is buying a new sailing boat. He can afford $1100 monthly payments. If the store charges 5.55% interest rate, compounded monthly, and Jeremy wants to pay off his loan in 8 years, what is the most expensive boat he can buy?
Express your answer rounded to the nearest cent!
Boat price = $
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Hint:

what is the approximate angle of acb if abc is 25cm and the length of segment bc is 15

step-by-step explanation:

all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

step-by-step explanation: