5. How much interest would you pay on a loan of $1,230 for 15 months at 15 percent APR if the interest is 18.75 per $100? (Points : 1)
$225.00
$230.63
$281.25
$332.50

6. Sherri borrowed $3,200 at 13 percent APR for 18 months. If she must pay 19.5 per $100, what is the total interest? (Points : 1)
$624
$3,824
$351
$253.50

7. What is the total amount that Sherri (in question number 6) will repay? (Points : 1)
$624
$3,824
$351
$253.50

Question

5.  How much interest would you pay on a loan of $1,230 for 15 months at 15 percent APR if the interest is 18.75 per $100? (Points : 1)  
       $225.00
        $230.63
        $281.25
        $332.50

6.  Sherri borrowed $3,200 at 13 percent APR for 18 months. If she must pay 19.5 per $100, what is the total interest? (Points : 1)  
       $624
       $3,824
        $351
        $253.50

7.  What is the total amount that Sherri (in question number 6) will repay? (Points : 1)  
       $624
        $3,824
        $351
        $253.50

anonymous · Answer

The second one is $624