2 years ago

Determine the finance charge on an $8,000 loan with a monthly payment of $162.80 for 60 months

Mathematics

2 answers:

zzz [600]2 years ago

8 0

Answer:

C) $1,768.00

Explanation:

With a monthly payment of $162.80 for 60 months. I multiplied 162.8 by 60, my answer was $9,768. $9,768 minus $1,768 is equal to $8,000. So, the finance charge for the $8,000 loan is $1,768.

Ivahew [28]2 years ago

5 0

Answer:

Step-by-step explanation:

EDGE 2021

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