The Jackson's are taking out a $35,000 loan to remodel their home. The tables below show the rates for a 1-year and a 5-year loa
n from two different lenders. complete each table to calculate the total repayment and interest paid for each loan offer.
2 answers:
Answer:
1
-
year term; $3,666.60
term 1 year total repayment : $35,953.20 Interest paid 953.20
term 5 year total repayment $39,619.80 Interest paid 4,619.80
Step-by-step explanation:
Answer:
have a good day :)
Step-by-step explanation:
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