Question :

Zeki's course at a trade school cost $1,500. The school gave him a loan for the full amount at an interest rate of 23%. The school expects a payment of $123.00 every month for 15 months. How much interest will Zeki have paid when the loan balance is $0?

Related Answer
 More Related Question & Answers

Are these Answers Helpful ?



The questions posted on the site are solely user generated, Doubtnut has no ownership or control over the nature and content of those questions. Doubtnut is not responsible for any discrepancies concerning the duplicity of content over those questions.

 Similar Questions Asked By Users