the rainbird company purchased a machine for $5,000 down and promised to pay $300 per month at the end of each of the next 36 months. how would the cash price of the machine be calculated, assuming the annual interest rate is given?

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06-10-2022
Business

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the rainbird company purchased a machine for $5,000 down and promised to pay $300 per month at the end of each of the next 36 months. how would the cash price of the machine be calculated, assuming the annual interest rate is given?

Sagot :

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can some help me please i don’t quite understand!

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