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gayaneshka [121]
3 years ago
5

Hunter took out a $3500 loan with interest to pay for some business supplies. He will repay The loan and three years with monthl

y payments of $109.68. What is the total amount of interest hundred will pay? ( there's no answer choices)
Mathematics
1 answer:
almond37 [142]3 years ago
7 0

Answer: $448.48

Step-by-step explanation:

The amount Hunter will pay in total is;

= 109.68 * 12 months * 3 years

= $‭3,948.48‬

Interest he will pay = Amount paid - Loan amount

= ‭3,948.48‬ - 3,500

= $448.48

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