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Chris borrowed $1,525 for a new stereo system. He will make 10 payments of $175 to repay the loan. How much will he pay in interest

Chris borrowed $1,525 for a new stereo system. He will make 10 payments of $175 to repay the loan. How much will he pay in interest
asked 196k views
3 votes
Chris borrowed $1,525 for a new stereo system. He will make 10 payments of $175 to repay the loan. How much will he pay in interest

asked
User Umut Sirin
by
7.9k points

1 Answer

2 votes

Answer:

He will pay 225 in interest

Explanation:

found on quizlet

answered
User Alex Botev
by
8.0k points
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