Lush Gardens Co. bought a new truck for $54,000. It paid $6,480 of this amount as a
down payment and financed the balance at 3.13% compounded semi-annually. If the
company makes payments of $2,100 at the end of every month, how long will it take to
settle the loan?
years
months
months
Express the answer in years and months, rounded to the next payment period
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Science, any system of knowledge that is concerned with the physical world and its phenomena and that entails unbiased observations and systematic experimentation. In general, a science involves a pursuit of knowledge covering general truths or the operations of fundamental laws.
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