Say you take out a loan with a principal of $44,500. The interest rate is 13.11%, compounded monthly. If you make consistent mon

Question

3 years ago

7

Say you take out a loan with a principal of $44,500. The interest rate is 13.11%, compounded monthly. If you make consistent mon

thly payments and pay off the loan over the course of six and a half years, how much interest will you have paid in total? Round dollar amounts to the nearest cent.

Business

2 answers:

love history [14] · Answer 1 · 2022-06-06T16:13:17+03:00

love history [14]3 years ago

5 0

Answer:

Hope they got this right this was a few months ago

Explanation:

GarryVolchara [31] · Answer 2 · 2022-06-06T17:43:36+03:00

GarryVolchara [31]3 years ago

5 0

Answer:

A

Explanation:

Tried searching it up but nobody had it so thought id help someone out.