jaasminfloress jaasminfloress

08-03-2019
Mathematics

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A small business owner borrowed $4,200 at an annual simple interest rate of 12%. What is the total amount that must be repaid in 3 months?

A small business owner borrowed 4200 at an annual simple interest rate of 12 What is the total amount that must be repaid in 3 months class=

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drippytrin01 drippytrin01

08-03-2019

It’s is a total of 123 borrowed and repaired in a total of 3 months I just took this test sweets

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Note: The monthly loan payment was calculated at 119 payments of $232.22 plus a final payment of $231.69. Loan Balance: $20,000.00 Loan Interest Rate: 7.00% Mo

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