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Mathematics 18 Online
OpenStudy (anonymous):

Kevin has just finished paying off his loan. He was assessed a service charge of $422. He paid off the principal and the interest by making weekly payments of $36.13 for four years. If the principal was $7,150, how much did Kevin pay in finance charges, to the nearest dollar

OpenStudy (anonymous):

36.13(52)=1878.76 x 4 yrs=7515.04+ service charge Subtract original loan from that

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