Posted in Business

Suppose that you took out a loan with a principal of $24,680. To pay off the principal and the interest, you made quarterly payments of $1,382 for six years. Furthermore, you paid a service charge of $396. What was your total finance charge? a. $396 b. $8,488 c. $8,884 d. $8,292


Please login to view the answer


Related Questions

Online Tutors To Help You

Online Tutors To Help You

Online Tutors To Help You

Online Tutors To Help You

Online Tutors To Help You

Online Tutors To Help You

Online Tutors To Help You

Online Tutors To Help You

Online Tutors To Help You

Online Tutors To Help You