Financing allows to pay in installments-defer any payments

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June 1, 2011 Wendy purchased a mobile with invoice price of $4,800. financing allows to pay in installments and defer any payments for 1 calendar year. Wendy makes 1st payment June 1st 2012. she will make 4 equal semi annual payments. the annual Internet is 12%. what will her semiannual payments be?

Reference no: EM131296242

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Financing allows to pay in installments-defer any payments : June 1, 2011 Wendy purchased a mobile with invoice price of $4,800. financing allows to pay in installments and defer any payments for 1 calendar year. Wendy makes 1st payment June 1st 2012. she will make 4 equal semi annual payments. the annual Inte..

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