# Molly wants to buy a camping time share for $12 500. She can…

Molly wants to buy a camping time share for $12 500. She can borrow the money at 9.6%/a compounded monthly for 5 years. What will Molly pay per month?

Molly wants to buy a camping time share for $12 500. She can borrow the money at 9.6%/a compounded monthly for 5 years. What will Molly pay per month?