Ask Question
3 June, 22:30

Paul has an eight-year loan with a principal of $26,900. the loan has an interest rate of 8.18%, compounded quarterly. if paul pays $1,527 in service charges and makes quarterly payments on his loan, what will his total finance charge be when the loan is repaid? round all dollar values to the nearest cent.

+5
Answers (1)
  1. 4 June, 02:16
    0
    B. 11,546.36 is the correct answer
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Paul has an eight-year loan with a principal of $26,900. the loan has an interest rate of 8.18%, compounded quarterly. if paul pays $1,527 ...” 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