Mathematics, 17.10.2019 07:50 trippyjazmine

Pablo picasso obtained a loan of $2,400 to install a new roof on his home. the interest rate is 12% and the monthly payment is $113.04. what is the interest on the first monthly payment?

(a) $24.00
(b) $ 25.04
(c) $29.90
(d) $ 32.01

Answers: 2

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Pablo picasso obtained a loan of $2,400 to install a new roof on his home. the interest rate is 12% and the monthly payment is $113.04. what is the interest on the first monthly payment? (a) $24.00 (b) $ 25.04 (c) $29.90 (d) $ 32.01

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Another question on Mathematics

Pablo picasso obtained a loan of $2,400 to install a new roof on his home. the interest rate is 12% and the monthly payment is $113.04. what is the interest on the first monthly payment?

(a) $24.00
(b) $ 25.04
(c) $29.90
(d) $ 32.01