Installment Loan Principal $1500.00 Term Length 4 years How much of the first payment for the installment loan 6% shown in the table will go towards interest? Interest Rate Monthly Payment $35.00

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked May 18, 2023 35.8k views

3 votes

Installment Loan

Principal
$1500.00
Term Length
4 years
How much of the first
payment for the
installment loan
6% shown in the table will
go towards interest?
Interest Rate
Monthly Payment
$35.00

Installment Loan Principal $1500.00 Term Length 4 years How much of the first payment-example-1

Mathematics
college

Neena asked

by Neena

3.8k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

6 votes

Answer:

32.90

Explanation:

Jul answered May 24, 2023

by Jul

3.6k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.3m questions

5.6m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions