12. Sajini recently bought an entertainment system. She paid $100 as a down payment on the system,and agreed to pay the rest with 24 monthly payments of $30 each. If the interest rate is 12% per year,compounded monthly, what is the selling price of the entertainment system?a. $720b. $737.30c. $820d. $637.30dor creaas done

Let us find the selling price of the system in the next step.

Answered: 12. Sajini recently bought an…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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