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Mathematics 11 Online
OpenStudy (anonymous):

given Annual intrest rate 4%, loan amount $10000, length of year 1 year, monthly payment on the loan $ 851.50. what is total intrest rate paid on loan?

OpenStudy (anonymous):

@jim_thompson5910

OpenStudy (phi):

my first thought is figure out how much you pay: 12*851.50 whatever amount over 10,000 will be the interest.

OpenStudy (anonymous):

I think its wrong... :(

OpenStudy (anonymous):

@agent0smith pplease help

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