Question:

To purchase 12 200 worth of machinery for her business Donna

Last updated: 8/21/2023

To purchase 12 200 worth of machinery for her business Donna

To purchase 12 200 worth of machinery for her business Donna made a down payment of 1600 and took out a business loan for the rest After 2 years of paying monthly payments of 469 81 she finally paid off the loan a What was the total amount Donna ended up paying for the machinery including the down payment and monthly payments 12875 44 b How much interest did Donna pay on the loan X