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2 years ago

15

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?

1 answer:

pychu [463]2 years ago

4 0

1.000 dollars and 52 cents

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