What is the equation of the following line? HELP ASAP
2 answers:
You might be interested in
Answer:
1) Repaid for the loan = $239,511.60
2) Percentage = 58.2%
3) Average amount = $387.53
Step-by-step explanation:
Given :
Amount $100,000
Rate 7%
Payments 360 - $665.31
Total interest $139,511.60
To find :
1) How much will be repaid for this loan?
Repaid for the loan = Amount - Total interest
Repaid for the loan = 100,000 + 139,511.60
Repaid for the loan = $239,511.60
2) What percentage will be repaid for this loan?
3) What will be the average amount per payment for interest?
Teachers= 215
Students= 1,342
Student: Techer
= 1,342: 215
= 62.1:1
=
Students= 1,342
Student: Techer
= 1,342: 215
= 62.1:1
=