Dan Williams took out a simple interest loan at 14.5% interest for 12 months. His previous balance is $119.42. What is the final payment if the loan is paid off with the next payment?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Aug 4, 2019 183k views

1 vote

Dan Williams took out a simple interest loan at 14.5% interest for 12 months. His previous balance is $119.42. What is the final payment if the loan is paid off with the next payment?

Mathematics
high-school

BatMask asked

by BatMask

5.3k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

6 votes

Answer:

$132.90

Explanation:

Sandum answered Aug 6, 2019

by Sandum

5.9k points

0 Comments

Please log in or register to add a comment.

7 votes

Answer:

$120.86

Explanation:

Marylin answered Aug 9, 2019

by Marylin

5.9k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.2m questions

8.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions