Jameson has 4300 in credit card debt with 14% interest that he wants to pay off in 24 months. He will need to make monthly payments of 206.46 each month. Calculate the total cost of repayment and the interest Jameson will pay?

Total cost of repayment  

Net interest paid

Step-by-step explanation:

Given

Amount taken on loan

Repayment plan

Monthly installment

Yearly installment  

Rate of interest per year %

Time Period for repaying the loan years

The total amount repaid by Jameson at the rate of per month for next months

Net interest paid

Total cost of repayment  

Net interest paid

the final price would be 29.6925

step-by-step explanation:

39.59 minus 25% equals 29.6925

the function makes a strait line horizontally with no x intercept but a y intercept at 9.