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ht Maryann Puckett &I 4/16/19 7:20 AM elcom MAT144-0502 College Mathematics Dinsenbacher Starts 2019 04/15 Homework: Module 1 Homework (unlimited attempts) Score: 0.44 of 1
ht Maryann Puckett &I 4/16/19 7:20 AM elcom MAT144-0502 College Mathematics Dinsenbacher Starts 2019 04/15 Homework: Module 1 Homework (unlimited attempts) Score: 0.44 of 1 pt Save 3 of 25 (3 complete) HW Score: 9.78%, 2.44 of 25 pt at EQuestion Help Consider the following loan. Complete parts (a)-(c) below An individual borrowed S87.000 at an APR of 4%, which will be paid off with monthly payments of $527 for 20 years. a. Identify the amount borrowed, the annual interest rate, the number of payments per year, the loan term, and the payment amount. The amount borrowed is $87,000 the annual interest rate s 4%, the number of payments per year is 2 the loan term is years, and he payment amountis S 527 b. How many total payments does the loan require? What is the total amount paid over the full term of the loan? There are payments toward the loan and the total amount paid is of Enter your answer in the edit fields and then click Check Answer. part remaining Clear All Question 25 (07 search
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