Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

View the mini-lecture on um McGraw Hill Connect x Module 4 Homework x C | ezto.m

ID: 2591179 • Letter: V

Question

View the mini-lecture on um McGraw Hill Connect x Module 4 Homework x C | ezto.mheducation.com/hm.tpx?--0.833 15071 19827858-1512775636600 Module 4 Homework × connect odule 4 Homework KQuestion 8 (of 25) value 1.00 points For the best terms on a loan or credit card, you need a credit score above 700. To achieve this, start establishing credit now. Pay all of your bills on time. In addition, use only one-third of your available credit limit and pay off your revolving balanced) each month R J Johnson has excellent credit. She wants to purchase a piece of equipment for her business and was offered 7% for 72 months for the S65.000 unit. What is her monthly payment by add-on method? (Round your answer to the nearest cent.) Monthly payment References eBook & Resources eBook Cost of instaliment Buying

Explanation / Answer

Working:

Monthly payment $1,281.94