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21.07.2020 •
Mathematics
How many acres would the legal description of SE 1/4 OF SE 1/4 OF SE 1/4 OF SECTION 16 CONTAIN?
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Ответ:
-Total cost of repayment: $9,948.48
-Interest: $948.48
Step-by-step explanation:
As Christina took a loan with a 4-year term with monthly payments of $207.26, you can find the total cost of repayment by multiplying the monthly payments for 48 months:
$207.26*48= $9,948.48
The interest that Christina will pay on her loan can be calculating by subtracting the principal from the total cost of repayment:
$9,948.48-$9,000= $948.48