Tire warranty for a cooper tire is 12 months at a price per


A college student has been looking for tires and has found the following:

Tire Warranty for a Cooper tire is 12 months at a price per tire of $59.95. What is MONTHLY worth/cost of the tire if we consider annual interest rates are at 10%?

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Mathematics: Tire warranty for a cooper tire is 12 months at a price per
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