cierahen cierahen

22-03-2018
Mathematics

contestada

What is the total payment for a 6700 loan at 13.5 percent for 5 years

Respuesta :

mathssydney mathssydney

22-03-2018

Interest charged: I=prn=6700*0.135*5 = 4522.50
Total re-payment: 6700+4522.50 = 11 222.50

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charmander574 charmander574

18-03-2021

Answer:

The answer is $9,250.20, hope this helps

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