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X29 3. How much will be charged in prepaid interest on a $500,000 loan with an APR of 3.725% that was closed on August 26?
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X29

3. How much will be charged in prepaid interest on a $500,000 loan with an APR of 3.725% that
was closed on August 26?

User PerfectlyPanda
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1 Answer

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The prepaid interest on the $500,000 loan with an APR of 3.725% that was closed on August 26 is $204.11.

Hope this is helpful.
User Namar Sood
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