Asaph took out a loan for 17550
Asked by maham237 @ in Mathematics viewed by 334 People
Asaph took out a loan for $17,550. To pay it back, he will make 60 monthly payments of $437.
How much will Asaph pay in interest?
Answered by maham237 @
Total payments 437×60=26,220
Interest paid
26,220−17,550=8,670
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