Paper Help | ulio buys a bike which has a cash price of $250

ulio buys a bike which has a cash price of $250

ulio buys a bike which has a cash price of $250 ulio buys a bike which has a cash price of $250. He agrees to take a one-year loan for the entire 96) amount at 27%, payable in 12 installments. After 8 of the 12 payments, he gets some birthday money and decides to pay off his loan. Find the unpaid balance.