A camper is purchased for $29,000, and a down payment of $7000 is made. The balance is financed for 1 year at an annual interest rate of 6%. Find the monthly payment.
A) $975.05
B) $1893.46
C) $985.00
D) $1903.59
E) $1883.36

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The Answer of A camper is purchased for $29,000, and a down payment of $7000 is made. The balance is financed for 1 year at an annual interest rate of 6%. Find the monthly payment.
A) $975.05
B) $1893.46
C) $985.00
D) $1903.59
E) $1883.36

A Camper Is Purchased for $29,000, and a Down Payment