justusrloy justusrloy

26-03-2024
Mathematics

contestada

How much of the 20th payment will go to interest if there is an outstanding principal of 2842.

Interest on the 20th Payment = $[?]
Round to the nearest hundredth

Installment Loan.
Principal: $5,390
Term Length: 3 years
Interest Rate: 15%
Monthly Payment: $187

Respuesta :

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