HELPS PLS ryad borrowed $1450 and made 18 payment of $95.25 how much did he pay in interest?

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asked Jan 23, 2018 27.8k views

1 Answer

Pd Shah · Answer 1 · 2018-01-28T13:21:39+0000

First calculate total payments
18×95.25=1,714.5

After that to find the interest you just subtract the amount borrowed from the total payments
Interest=1,714.5−1,450=264.5

Hope it helps!

HELPS PLS ryad borrowed $1450 and made 18 payment of $95.25 how much did he pay in interest?

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