Register
Find the simple interest paid on a loan of $4,750 at a rate of 19.5% for 30 months.
41.7k views
1 vote
Find the simple interest paid on a loan of $4,750 at a rate of 19.5% for 30 months.

User Maniac
by
8.4k points

1 Answer

2 votes

Answer:

Monthly Payment $201.31

Total Interest Paid $1,289.26

Total Paid $6,039.26

Explanation:

User N Klosterman
by
7.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.6m questions

11.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!