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What is the total interest on a ten-year 6.1% loan with a principal of $32,000? (Financial Math)

What is the total interest on a ten-year 6.1% loan with a principal of $32,000? (Financial Math)
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What is the total interest on a ten-year 6.1% loan with a principal of $32,000? (Financial Math)

User Komaruloh
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8.1k points

1 Answer

2 votes
Your final answer will be 227,200
User Chengdong
by
9.2k points
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