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Mila [183]
3 years ago
11

Chelsea made monthly payments for four years before her $13,440 loan was paid off. The loan had an interest rate of 5.86%, compo

unded monthly. Chelsea paid $156.60 in service charges. To the nearest tenth, what percentage of the total cost of the loan did her finance charges comprise?
Mathematics
1 answer:
Tasya [4]3 years ago
6 0

The answer would be 11.9%

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