amariaya10 amariaya10

21-02-2021
Mathematics

contestada

find the finance charge for a $25,000, three year loan with a 9.25% apr. How much interest is paid

Respuesta :

clarch19 clarch19

21-02-2021

Answer:

$6,937.50

Step-by-step explanation:

Interest = Principal x Rate x Time

I = 25000(.0925)(3)

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