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BartSMP [9]
4 years ago
9

Loren's total payment for his loan was 13536 what was his monthly payment if he paid it off after making 36 monthly payments

Mathematics
2 answers:
lukranit [14]4 years ago
4 0

Answer:

= 376

Step-by-step explanation:

Loren's total payment for 36 months= 13536

To know his actual payment for a month, we'll have to Divide his total payments for divided by the numbers of months he made payment.

Total payment= 13536

Number of months he made payment = 36

Amount paid each month =

13536 ÷ 36

= 376

Therefore, Loren's monthly payment = 376

VMariaS [17]4 years ago
3 0

Answer: His monthly payment 376

Step-by-step explanation:

You would have to divide 13,536 by 36

13,536/36 = 376

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