Ask Question
23 November, 09:30

What is the total payment for a 6700 loan at 13.5 percent for 5 years

+2
Answers (2)
  1. 23 November, 10:26
    0
    Interest charged: I=prn=6700*0.135*5 = 4522.50

    Total re-payment: 6700+4522.50 = 11 222.50
  2. 23 November, 13:22
    0
    if I did the problem right the answer should be 45225
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is the total payment for a 6700 loan at 13.5 percent for 5 years ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers