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elena55 [62]
3 years ago
14

If you make monthly payments of $1,000 for 10 years, determine the total payment over the lifetime of the loan.

Mathematics
1 answer:
marshall27 [118]3 years ago
5 0
Hi there
Payment per year
1,000×12months=12,000

total payment over the lifetime of the loan.
12,000×10years=120,000

Hope it helps
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