Mathematics, 28.05.2021 04:40 memelord4206969

Suppose you borrow $25,000 at an interest rate of 6.2% compounded monthly. If your monthly payment is $231.49, what is the balance of the loan at the end of 2 months? Using the simple interest formula, identify the variables and then solve. i just need to arrange the answers in correct order.

Suppose you borrow $25,000 at an interest rate of 6.2% compounded monthly. If your monthly payment

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Suppose you borrow $25,000 at an interest rate of 6.2% compounded monthly. If your monthly payment is $231.49, what is the balance of the loan at the end of 2 months? Using the simple interest formula, identify the variables and then solve. *i just need to arrange the answers in correct order.*

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Suppose you borrow $25,000 at an interest rate of 6.2% compounded monthly. If your monthly payment is $231.49, what is the balance of the loan at the end of 2 months? Using the simple interest formula, identify the variables and then solve. i just need to arrange the answers in correct order.