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William needs to take out a loan for $2,400. Which of these payment plans would have William paying the last interest A 18 payments of $144.15 8 12 Payments of $211 C 15 payment…

William needs to take out a loan for $2,400. Which of these payment plans would have William paying the last interest A 18 payments of $144.15 8 12 Payments of $211 C 15 payment…
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William needs to take out a loan for $2,400. Which of these payment plans would have William

paying the last interest
A 18 payments of $144.15
8 12 Payments of $211
C 15 payments of $170.88
D payments of $110.75

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User James Lawruk
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8.2k points

1 Answer

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12 payments of 211 because interest is primarily based on how long it will take you to pay back the loan, so the longer you take, the more interest you pay
answered
User Guli
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8.0k points
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