nahfisaah nahfisaah

28-02-2021
Mathematics

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Using a loan calculator, find the total cost to repay a two month long short-term loan with a principal of $750 and an interest rate of 450% APR. (Assume evenly-split monthly payments and monthly compound interest)

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melandnick2001 melandnick2001

28-02-2021

Answer:

Step-by-step explanation:

Payment Every Month $597.04

Total of 2 Payments $1,194.08

Total Interest $444.08

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