Luis took out a 3 year loan for $4500 at a furniture store to be paid back
monthly payments at a 15.9% APR. If the loan offers no payments for the first
15 months, how many payments will Luis be required to make?
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Home » Mathematics » Luis took out a 3 year loan for $4500 at a furniture store to be paid back monthly payments at a 15.9% APR. If the loan offers no payments for the first 15 months, how many payments will Luis be required to make?