Mathematics, 22.12.2019 02:31 babydoll022299
Part a : how long will it take you to pay a $6 loan at 3.7% yearly interest if you continue to make monthly payments of $2500 per month?
part b : how much money will you have paid in total after you are done paying the above loan with its respective interest rate? and, based on your answers, how much money did the bank make in profit?
do ! and !
Answers: 2
= $647929.8.
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