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16 April, 18:47

Savannah took out a 5-year loan for $6500 at a furniture store to be paid back with monthly payments at a 17.3% APR. If the loan offers no payments for the first 21 months, how many payments will Savannah be required to make?

A. 81

B. 21

C. 60

D. 39

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Answers (1)
  1. 16 April, 22:25
    0
    Since they offer no loans for the first 21 months, cancel out C

    A

    B

    D

    are still somewhat possible

    D is the answer
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