Ask Question
16 April, 14:17

What is the total payment for an $8,720 loan at 12.5 percent for 15 years?

+3
Answers (2)
  1. 16 April, 14:18
    0
    The total payment in what of that in simple interest will be solved by multiplying all three numbers and then the answer you get, add it to the principle.

    16350+8720=$25070. 00 as your total payment.
  2. 16 April, 14:26
    0
    8720*12,5/100*15=16406,25 $

    8720+16406,25 = 25 126,25 $
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the total payment for an $8,720 loan at 12.5 percent for 15 years? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers