Veronica took out a 48 month loan of $5,500 to make some home improvements. At a simple interest rate of 3.25%. how much total will she pay? A) $6,740.25 B) $6,215.00 C) $6,393.75 D) $6,575.50 E) $6,036.25
Veronica took out a 48 month loan of $5,500 to make some home improvements. At a simple interest rate of 3.25%. how much total will she pay? A) $6,740.25 B) $6,215.00 C) $6,393.75 D) $6,575.50 E) $6,036.25
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Veronica took out a 48 month loan of $5,500 to make some home improvements. At a simple interest rate of 3.25%.
how much total will she pay?
A) $6,740.25
B) $6,215.00
C) $6,393.75
D) $6,575.50
E) $6,036.25
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© Gina Wilson (All Things Algebra), 2015
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