Mathematics, 22.01.2020 18:31 andrewpjryan871
Rodrigo applied for a $14,000 loan at an interest rate of 5.4% for 6 years. use the monthly payment formula to complete the statement. m = m = monthly payment p = principal r = interest rate t = number of years rodrigo’s monthly payment for the loan is , and the total finance charge for the loan is
a. 19 %
b. 20 %
c.21 %
d. 24 %
Answers: 3
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Rodrigo applied for a $14,000 loan at an interest rate of 5.4% for 6 years. use the monthly payment...
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