A loan of $18,885 was repaid at the end of 12 months. What size repayment check (principal and interest) was written, if
Posted: Sun Oct 03, 2021 12:58 pm
A loan of $18,885 was repaid at the end of 12 months. What size repayment check (principal and interest) was written, if an 11.5% annual rate of interest was charged? The amount of the repayment check was $. (Round to two decimal places.)