Mathematics, 02.03.2021 20:30 lucky1940

Jack took out a 6-year loan for $25,000 to purchase a boat a 4.5% interest 4 rate. If the interest is compounded monthly, what will he have paid total
over the course of the loan? *
O $32,732.57
O $156,750
O $26,742.38
O $32,732.58

Answers: 1

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More questions: Mathematics Another questions

Jack took out a 6-year loan for $25,000 to purchase a boat a 4.5% interest 4 rate. If the interest is compounded monthly, what will he have paid total over the course of the loan? * O $32,732.57 O $156,750 O $26,742.38 O $32,732.58

Answers

Another question on Mathematics

Jack took out a 6-year loan for $25,000 to purchase a boat a 4.5% interest 4 rate. If the interest is compounded monthly, what will he have paid total
over the course of the loan? *
O $32,732.57
O $156,750
O $26,742.38
O $32,732.58