Jean borrowed $1,250 for a new dining room table and chairs. she will make 12 monthly payments of $120 to repay the loan. how much will she pay in interest?
Jean Borrowed $1,250 For A New Dining Room Table And Chairs. She Will Make 12 Monthly Payments Of $120 To Repay The Loan. How Much Will She Pay In Interest?
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Jean Borrowed $1,250 For A New Dining Room Table And Chairs. She Will Make 12 Monthly Payments Of $120 To Repay The Loan. How Much Will She Pay In Interest?. Find your ideal payment by changing loan amount,. Use this loan calculator to determine your monthly payment, interest rate, number of months or principal amount on a loan.
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Jean borrowed $1,250 for a new dining room table and chairs. She will make 12 monthly payments of $120 to repay the loan. How much will she pay in interest?
Jean Borrowed $1,250 For A New Dining Room Table And Chairs.
Total amount paid back = 12 x $120 = $1440 to find the amount of interest paid, we need to subtract the original. Jean borrowed $1,250 for a new dining room table and chairs. She will make 12 monthly payments of $120 to repay the loan.
Use This Loan Calculator To Determine Your Monthly Payment, Interest Rate, Number Of Months Or Principal Amount On A Loan.
Study with quizlet and memorize flashcards containing terms like 1. The correct answer includes the comma after yes for proper punctuation, and it correctly uses a comma after jean for direct address. She made 12 monthly payments to repay the loan.
The Payment Calculator Can Determine The Monthly Payment Amount Or Loan Term For A Fixed Interest Loan.
Create and print a loan amortization schedule. What is her simple interest rate? She will make 12 monthly.
First, We Need To Find The Total Amount Jean Will Pay Back Over The 12 Months:
To find out how much interest jean will pay for the loan, we need to calculate the total amount she will repay and then subtract the original loan amount from it. Option a lacks the necessary comma. Jean borrowed $1,250 for a new dining room table and chairs.
How Much Will She Pay In Interest?
Find your ideal payment by changing loan amount,. She will make 12 monthly payments of $120 to repay the. Use this calculator to try different loan scenarios for affordability by varying loan amount, interest rate, and payment frequency.