Mrs. hogan purchased new furniture for the living room for $928. she made a down payment of $160 and agreed to pay the balance in 24 equal payments. what is the amount of each payment?

At the beginning of year 1, carlos invests $600 at an annual compound interest rate of 4%. he makes no deposits to or withdrawals from the account. which explicit formula can be used to find the account's balance at the beginning of year 5? what is, the balance?