A loan of $19,312 was repaid at the end of 15 months. What size repayment check (principal and interest) was written, if an 11% annual rate of interest charged? The amount of the repayment check was $___? (Round to two decimal places.) Thanks appreciate the help
A loan of $19,312 was repaid at the end of 15 months. What size repayment check (principal and interest) was written, if an 11% annual rate of interest charged? The amount of the repayment check was $___? (Round to two decimal places.) Thanks appreciate the help
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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A loan of $19,312 was repaid at the end of 15 months. What size repayment check (principal and interest) was written, if an 11% annual rate of interest charged?
The amount of the repayment check was $___? (Round to two decimal places.)
Thanks appreciate the help
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