jamesonmajester jamesonmajester

01-04-2018
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contestada

you borrow $500 to buy a computer. the simple interest rate is 15%. you pay off the loan after 4 years. how much do you pay for the loan

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andreaoliver83 andreaoliver83

01-04-2018

$13.92 a month for 48 months
Total interest paid is $167.89

hope this helps:)

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