allisonklinger1786
allisonklinger1786
12.10.2020 • 
Mathematics

Jackson uses a credit card to purchase new living room furniture. He purchases a sofa that costs $865, 2 chairs that are $380 each, coffee and end tables for $425 and a set of lamps for $130. He must also pay 8% tax for the purchase. The credit card charges an interest rate of 17.9%. If he pays for this credit card loan in 24 months, what is the total cost to repay the loan? Use and online calculator to solve.

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