Question: Harold borrowed $8,000 for five years at an APR of 6.75%. a. What is Harold's monthly payment? b. What is the total amount that Harold
Harold borrowed $8,000 for five years at an APR of 6.75%.
a. What is Harold's monthly payment?
b. What is the total amount that Harold paid in monthly payments for the loan?
c. What is the amount Harold will pay in finance charges?
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