asked 62.8k views
3 votes
Kevin has just finished paying off his loan. He was assessed a service charge of $422. He paid off the principal and the interest by making weekly payments of $36.13 for four years. If the principal was $7,150, how much did Kevin pay in finance charges, to the nearest dollar

2 Answers

1 vote

Answer:

The answer is D.) 787

I just took the test.


answered
User Mahdi Ataollahi
by
8.2k points
3 votes
36.13(52)=1878.76 x 4 yrs=7515.04+ service charge Subtract original loan from that
answered
User Spasm
by
8.3k points
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