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Jean borrowed $1,250 for a new dining room table and chairs. She will make 12 monthly payments of $120 to repay the loan. How much will she pay in interest?

Jean borrowed $1,250 for a new dining room table and chairs. She will make 12 monthly payments of $120 to repay the loan. How much will she pay in interest?
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1 vote
Jean borrowed $1,250 for a new dining room table and chairs. She will make 12 monthly payments of $120 to repay the loan. How much will she pay in interest?

User Alexander Sagen
by
7.8k points

2 Answers

2 votes

Answer:

$190 Dollars she pay in interest

User Salyela
by
8.2k points
3 votes
$190
I hope that helps I hope you have a wonderful day as well
User Stu Andrews
by
8.5k points
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