lsmith0830 lsmith0830
  • 16-03-2014
  • Mathematics
Answered

A loan of $900 will be repaid in 36 installment payments of $30.22 each. What the finance charge for the loan?



Answer :

Beanie Beanie
  • 16-03-2014
First you need to multiply 36 *$30.22=$1087.92
This gives you the total amount paid

Then subtract 1087.92-900=187.92
This gives you the amount of money you paid in finance charges.
Answer Link

Other Questions

what is 40/100 simplified
Ratification of the new Constitution caused two different factions to express their ideas and concerns. One faction favored the Constitution and the system of g
The finance contract will state the ___. a. total amount borrowed c. the due date for payments b. the annual percentage rate d. all of the above
Y=9x-9 Y=9 How do u solve dis ¿-¿
what is 3p + 6p with simplifying?
How do the muscles in the human body help with movement? A. Muscles contract and thus pull on bones to cause movement. B. They bend the bones. C. The bones are
John stretched while his muscles were cold. Which negative effect could occur? a.Blood might not flow to his limbs. b.His strength could decrease quickly. c.He
solve. (2x+3/12)=2x/8
What does classify mean in scientific terms
Which of the following involves convection currents? burning fossil fuels wind patterns solar panels ozone heating blankets