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kp03 kp03
  • 19-02-2017
  • Mathematics
Answered

Willie took out a simple interest loan of $6,000 at 10% interest for 24 months. His monthly payment is $276.60. After 4 payments the balance is $5028.21. He pays off the loan when the next payment is due. What is the interest?

Verified Answer :

abbycompton34
abbycompton34 abbycompton34
  • 24-02-2017

1.000 dollars and 52 cents

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