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liliancasco2 liliancasco2
  • 09-02-2017
  • Mathematics
Answered

You take out an installment loan of $1,450.00.

The title of an Installment Loan Table is

“Monthly Payment on a Simple Interest Installment Loan of $100".

In order to use this table to determine the size of the monthly payments, you need to convert the amount of this loan to:

A11.5

B)12.5

C)13.5

D14.5

Verified Answer :

Chrisstina
Chrisstina Chrisstina
  • 09-02-2017

The answer should be : D ) 14.5

Answer Link

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