Mathematics, 27.07.2021 18:10 jojokeys
Rafeeq borrows money to buy a car.
He will repay the loan by making a payment of $270.87 each month for the next 5 years, at an interest rate of
3.2% per year compounded monthly.
How much interest will Rafeeq pay?
$1346.98
$2558.59
$1251.93
$480.00
Answers: 1
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Rafeeq borrows money to buy a car.
He will repay the loan by making a payment of $270.87 each month...
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