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9 October, 15:54

Kevin has just finished paying off his loan. He was assessed a service charge of $422. He paid off the principal and the interest by making weekly payments of $36.13 for four years. If the principal was $7,150, how much did Kevin pay in finance charges, to the nearest dollar

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  1. 9 October, 16:17
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    36.13 (52) = 1878.76 x 4 yrs=7515.04 + service charge Subtract original loan from that
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