Mathematics, 10.11.2020 02:00 abby1919

#5 - Calculate the monthly payment necessary to retire the following loan amount is simple interest is charged on the rate.
• Loan Amount: $1500
Rate: 8%
Time: 9 months
Select the correct answer from each dropdown menu.
.
A) Interest Owed: $ (Select]
B) Maturity Value: $ [Select]
C) Monthly Payment: $ [Select]

Answers: 1

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