Lulu took out a 3 year loan for 1800 at an electronics store to be paid back with monthly payments at a 15 6 APR compounded

Question

Lulu took out a 3 year loan for 1800 at an electronics store to be paid back with monthly payments at a 15 6 APR compounded monthly If the loan offers no payments for the first 8 months how much will Lulu owe when she begins making payments OA 1995 94 OB 2865 58 C 2584 26 OD 1800 00

Kunduz · Accepted Answer

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