Brian took eight years to pay off his $71,900 loan. the loan had an interest rate of 8.16%, compounded quarterly. if brian paid quarterly and made the same payment every time, how much was each payment that he made? a. $2,342.66 b. $3,081.54 c. $1,022.28 d. $1,466.76
Brian Took Eight Years To Pay Off His $71,900 Loan. The Loan Had An Interest Rate Of 8.16%, Compounded Quarterly. If Brian Paid Quarterly And Made The Same Payment Every Time, How Much Was Each Payment That He Made? A. $2,342.66 B. $3,081.54 C. $1,022.28 D. $1,466.76
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Brian Took Eight Years To Pay Off His $71,900 Loan. The Loan Had An Interest Rate Of 8.16%, Compounded Quarterly. If Brian Paid Quarterly And Made The Same Payment Every Time, How Much Was Each Payment That He Made? A. $2,342.66 B. $3,081.54 C. $1,022.28 D. $1,466.76. The loan had an interest rate of 8.16%, compounded quarterly. The answer is letter b.
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The answer is letter b. This is through using the formula of compound interest which is divided in quarterly. Brian took eight years to pay off his $71,900 loan.
So Compound Interest Is Equal To.
If brian paid quarterly and made the same payment every time This means the number of months are only 3. This is through using the formula of compound interest which is divided in quarterly.
The Loan Had An Interest Rate Of 8.16%, Compounded Quarterly.
The loan had an interest rate 🚀 upgrade Brian took eight years to pay off his $71,900 loan. If brian paid quarterly and made the same payment every time, how much was each payment that he made?
The Total Amount Borrowed, Which In This Case Is $71,900.
The loan had an interest rate of 8.16%, compounded quarterly. To solve this question, we will calculate the quarterly payment amount for brian's loan. Brian took eight years to pay off his $71,900 loan.
The Loan Had An Interest Rate Of 8.16%, Compounded Quarterly.
My friend taking the ged has this problem and i am unable to help them: If brian paid quarterly and made the same payment every time, how. Solution for brian took eight years to pay off his $71,900 loan.
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