Register
Solomon is taking out a $18,320, two-year loan with an APR of 3.29%. What will be the finance charge for this loan to the nearest dollar?
100k views
0 votes
Solomon is taking out a $18,320, two-year loan with an APR of 3.29%. What will be the finance charge for this loan to the nearest dollar?

User JasmineOT
by
8.1k points

1 Answer

2 votes
Answer:
$634.43 is the finance charge/ the interest on the loan.
User Danicotra
by
8.0k points
← Prev Question Next Question →

Related questions

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

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!