Mathematics, 02.09.2019 01:50 antmaan15

Paula purchaser borrowed $500 at 12 percent for one year. she paid a $25 processing fee.
the interest paid will be $ ?
thus, the total finance charge (the interest plus the processing fee) will be $ ?
therefore, the apr = total finance charge ÷ amount borrowed = ? %
!

Answers: 2

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Paula purchaser borrowed $500 at 12 percent for one year. she paid a $25 processing fee.
the i...

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More questions: Mathematics Another questions

Paula purchaser borrowed $500 at 12 percent for one year. she paid a $25 processing fee. the interest paid will be $ ? thus, the total finance charge (the interest plus the processing fee) will be $ ? therefore, the apr = total finance charge ÷ amount borrowed = ? % !

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Another question on Mathematics

Paula purchaser borrowed $500 at 12 percent for one year. she paid a $25 processing fee.
the interest paid will be $ ?
thus, the total finance charge (the interest plus the processing fee) will be $ ?
therefore, the apr = total finance charge ÷ amount borrowed = ? %
!