Register

A loan of $14,354 was repaid at the end of 16 months. What size repayment check (principal and interest) was written, if a 7.4% annual rate of interest was charged?

A loan of $14,354 was repaid at the end of 16 months. What size repayment check (principal and interest) was written, if a 7.4% annual rate of interest was charged?
asked 202k views
0 votes
A loan of $14,354 was repaid at the end of 16 months. What size repayment check (principal and interest) was written, if a 7.4% annual rate of interest was charged?

asked
User Jake Kalstad
by
7.8k points

1 Answer

2 votes

Principal = P = $14,354

Rate = r

answered
User Jonathan Olson
by
7.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!