Mathematics, 12.01.2021 23:00 josephmarvens1666
You have just taken out a $2,560 loan from your local bank. You paid off the loan in 1 year with a total interest charge of
$300.00. Determine, from the information given, the amount of your monthly payment if you pay off the loan in 12 months.
Round your answer to the nearest hundredth of a cent.
$238.33
C. $334.50
b. $300
d. $400.00
a.
Answers: 3
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You have just taken out a $2,560 loan from your local bank. You paid off the loan in 1 year with a t...
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