Answer:
$1,220,200
Step-by-step explanation:
The total of Mary's payments is ...
$3695.20/mo × 30 yr × 12 mo/yr = $1,330,200
The difference between this repayment amount and the value of her loan is the interest she pays:
$1,330,200 -110,000 = $1,220,200 . . . total interest paid
_____
Mary's effective interest rate is about 40.31% per year--exorbitant by any standard.
Step-by-step explanation:
all......................
The person needs to leave it for 4 mores years to reach 22600 dollars. please give Brainliest :)
You have to do subtract 10 from 4 because 6 is how much we will profit from each shirt. Now, 6 times 327 is $1,962. That's how much Timothy earned of profit.
