Mathematics, 19.04.2021 22:20 gbprulesmile
Roxie plans on purchasing a new desktop computer for $1250. Which loan description would result in the smallest monthly payment when she pays the loan back?
12 months at 6.25% annual simple interest rate
18 months at 6.75% annual simple interest rate
24 months at 6.5% annual simple interest rate
30 months at 6.00% annual simple interest rate
Answers: 1
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