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ultimatesaiyan
02.12.2019 •
Mathematics
The total of monthly payments for a three-year loan is $22,317.12. the apr is 4%. how much money was originally borrowed?
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Ответ:
$717336
Step-by-step explanation:
The total of monthly payments for a 3-year loan is $22317.12.
So, the total amount has to pay back in 3 years is $(22317.12 × 12 × 3) = $803416.32.
Let the amount of money that was originally borrowed is $x and the given APR is 4%.
Then we can write,![x(1 + \frac{4 \times 3}{100}) = 803416.32](/tpl/images/0398/6543/aef5a.png)
⇒ 1.12x = 803416.32
⇒ x = $717336 (answer)
Ответ:
2
Step-by-step explanation:
it is 2 hope it helps have