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4 votes
Brianna has a balance of $8,000 on her credit card. After talking to a financial advisor, Brianna decided to get a loan from the bank and discontinue using her credit card. The bank will charge Brianna 3.5% interest. Which of the following could be used to calculate the total repayment on Brianna’s loan after 4 years if she has a monthly payment of $178.85?

A. 4(178.85)

B. 4(12)(178.85)

C. 4(12)(178.85) − 8000

D. 4(8000)(0.035)

User Tom Future
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6.5k points

1 Answer

4 votes
I think C is your answer
User Ivan Coronado
by
6.4k points
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