Using a loan calculator, find the total cost to repay a two month long short-term loan with a principal of $750 and an interest

Question

2 years ago

8

rate of 450% APR. (Assume evenly-split monthly payments and monthly compound interest)

2 answers:

vladimir1956 [14] · Answer 1 · 2022-12-05T18:49:03+03:00

4 0

Answer:

.75

Step-by-step explanation:

Ad libitum [116K] · Answer 2 · 2022-12-05T21:15:56+03:00

Ad libitum [116K]2 years ago

3 0

Answer:

Step-by-step explanation:

Payment Every Month $597.04

Total of 2 Payments $1,194.08

Total Interest $444.08