Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Chose the correct answer You owe $3572.75 in 147 days and have decided to pay off your loan early. Your interest rate is 6.52%. What
Chose the correct answer
You owe $3572.75 in 147 days and have decided to pay off your loan early. Your interest rate is 6.52%. What is the size of the cheque that you write today to pay off all of your debt?
A) $3381.33
B) $3581.33
C) $4381.33
D) $3814.33
E)$3481.33
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started