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Dahasolnce [82]
3 years ago
5

Miguel borrowed $825 for a new couch. He will make 9 monthly payments of $95 to repay the loan. How much will he pay in interest

?
Mathematics
1 answer:
Leona [35]3 years ago
3 0

Answer:

$30 is paid in interest.

Step-by-step explanation:

The couch costs $825 and Miguel will pay 9 * $95 = $855.  So the amount of interest paid is how much in total was paid $855 minuse the cost of the couch $825, or $855-$825 = $30 in interest

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\\\\\\
\begin{cases}
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\end{cases}

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