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Using Photocopier

A school realizes that they need a new copy machine for their main office. The copy machine costs 4,500. After speaking with the financial advisor, they decide to pay 1/9 of the cost of the machine in cash and finance the rest through their credit union. How much is their monthly payment if the credit union will charge 4% per year compounded monthly for 2 years?

Answered: A copy machine can duplicate 2400 copies in one hour. How many copies can it make in 5 minutes? a. 240 copies b. 200 copies c. 280 copies d. 160 copies | bartleby

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