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Kevin has just finished paying off his loan. He was assessed a service charge of $422. He paid off the principal and the interest by making weekly payments of $36.13 for four years. If the principal was $7,150, how much did Kevin pay in finance charges, to the nearest dollar

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Answer:

The answer is D.) 787

I just took the test.


User Mahdi Ataollahi
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36.13(52)=1878.76 x 4 yrs=7515.04+ service charge Subtract original loan from that
User Spasm
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