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17kaylakelly
17kaylakelly 17kaylakelly
  • 31-01-2017
  • Mathematics
Answered

Determine the finance charge on a $6,500 loan with an interest rate of 9.5% compounded monthly over 36 months.

A$27.65
B$208.21
C$995.56
D$7,495.56

Verified Answer :

marandalibertyoxrmdm
marandalibertyoxrmdm marandalibertyoxrmdm
  • 23-04-2019

It's actually C. $995.56, just got it right on Edge :)

Answer Link
phillipsmj25 phillipsmj25
  • 20-01-2020

Answer:

$995.56

Step-by-step explanation:

Answer Link

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