If you make monthly payments of $2,500 for 8 years, determine the total payment over the lifetime of the loan.

asked May 9, 2021 160k views

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5 votes

Answer: it would only last 8 years so 20000

AlexElin answered May 12, 2021

3.1k points

0 votes

Answer:

Explanation:

2,500 x 12=30,000

then 30,000 x 12 = $240,000

FrankM answered May 14, 2021

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