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Nesterboy [21]
3 years ago
13

Find the total amount paid on a loan when the monthly payment is $189 and the loan is paid off in 48 months. Use the formula A =

MN, where A is the total amount paid, M is the monthly payment, and N is the number of payments.
Mathematics
1 answer:
podryga [215]3 years ago
8 0

9514 1404 393

Answer:

  $9072

Step-by-step explanation:

Put the given numbers in the given formula and do the arithmetic.

  A = MN . . . . . . M = payment = $189. N = number of payments = 48.

  A = $189 × 48 = $9072

The total amount paid is $9072.

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