smileyloks2
smileyloks2 smileyloks2
  • 04-04-2017
  • Mathematics
contestada

How much interest is paid on a $52,000 loan if the monthly payments are $450.23 for 30 years?
can u also help me understand how to solve for this?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 08-04-2017
Total payments
450.23×12×30=162,082.8
Interest paid
162,082.8−52,000=110,082.8
Answer Link

Otras preguntas

Simplify(x^2/3)^4/5​
Can someone plz give me the answer for this question?
What was the Colombian exchange?
This dialogue advances the plot of the story by setting up a conflict between
Countries that are part of the global economy include... United States China Taiwan All of the above
parent function: f(x)=x transformation: y=f(x+1) Write the equation of the transformed function Describe the effect the given transformation will have on th
John VI opened ports in Brazil to world trade. True False
With a short time remaining in the​ day, a delivery driver has time to make deliveries at 7 locations among the 9 locations remaining. How many different routes
If i is raised to the 11th power then it can not simplify to be
How did the Vietnam War affect immigration to the United States in the 1970s? -Asian immigration increased because many Vietnamese people escaped the chaos and