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A loan is paid in 15 years with a total of $192.000. It had a 4% interest rate that compounded monthly. What was the principal? Round your answer to the nearest dollar and do not include dollar sign
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Feb 20, 2022
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A loan is paid in 15 years with a total of $192.000. It had a 4% interest rate that compounded monthly. What was the principal?
Round your answer to the nearest dollar and do not include dollar sign
Mathematics
college
Fizker
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I really don’t know but I feel like if it’s 4% it should be the nearest
Vinay B
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Feb 25, 2022
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Vinay B
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