Mathematics, 03.01.2020 06:31 lilyplant4289
If a borrower's monthly interest payment on an interest-only loan at an annual interest rate of 7.3% is $877, how much was the loan amount (rounded to the nearest hundred)? a. $120,100b. $100,300c. $144,200d. $134,200
Answers: 1
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If a borrower's monthly interest payment on an interest-only loan at an annual interest rate of 7.3%...
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