Register
On a loan of $4,500 for 2 1/2 years at 4% per year, how much do you wind up paying to pay off the loan?
182k views
21 votes
On a loan of $4,500 for 2 1/2 years at 4% per year, how much do you wind up paying to pay off the loan?

User Coffee Bite
by
5.5k points

1 Answer

8 votes
4/100= x/4,500
18,000/100= $180x2.5 = $450
User Rob Boerman
by
4.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.3m questions

6.9m answers

Other Questions

Pizza planet is running a special 3 pizzas for 16.50. What is the unit rate for one pizza
What number is halfway between 0 and 18
If the 9-inch wheel of cheese costs $18.60, what is the cost per square inch? If the cost is less than a dollar, put a zero to the left of the decimal point?
how long Will it take for $7000 investment to grow to $7553 and the annual rate of 3.4% compounded quarterly assume that no withdrawals are made
I need to simplify this expression.
Link Copied!