At the beginning of last year you had an outstanding loan for $217,475. The interest rate for this loan is at 8% APR whi

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899604
Joined: Mon Aug 02, 2021 8:13 am

At the beginning of last year you had an outstanding loan for $217,475. The interest rate for this loan is at 8% APR whi

Post by answerhappygod »

At The Beginning Of Last Year You Had An Outstanding Loan For 217 475 The Interest Rate For This Loan Is At 8 Apr Whi 1
At The Beginning Of Last Year You Had An Outstanding Loan For 217 475 The Interest Rate For This Loan Is At 8 Apr Whi 1 (68.09 KiB) Viewed 29 times
At the beginning of last year you had an outstanding loan for $217,475. The interest rate for this loan is at 8% APR which is the best you could find. If you made one payment for $45,000, what is the remaining outstanding balance at the end of the year? $17.398 $189,873 $199,873 $204,228
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”