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(Multiple choice question) suppose you take out a $7,200 personal unsecured loan at 12.75% APR and you are going to pay it back over 9 years. What is the total amount that you will pay back over the life
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(Multiple choice question) suppose you take out a $7,200 personal unsecured loan at 12.75% APR and you are going to pay it back over 9 years. What is the total amount that you will pay back over the life of the loan

A. 7,200.00

b. 12,13.00

C. 11,807.00

User Techydesigner
by
6.8k points

1 Answer

11 votes

Answer:

B

Explanation:

I think its b but its 12,130 not 12,13 lol

User Sdkljhdf Hda
by
5.9k points
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