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Which formula in cell B7 correctly calculates total interest paid on a $25,000,6%, 4 year car loan? Multiple Choice (26'34)-81 86'33'04-01 -B1+(86'83/84) 86831841-81 Check my
Which formula in cell B7 correctly calculates total interest paid on a $25,000,6%, 4 year car loan? Multiple Choice (26'34)-81 86'33'04-01 -B1+(86'83/84) 86831841-81 Check my w 1 Amount financed 2 Annual interest rate 3 Payments per year 4 Number of years 5 6 Monthly payment 7 Total interest paid $25,000 696 12 4 $587.13 $3,182.03 Which formula in cell B7 correctly calculates total interest paid on a $25,000, 6%, 4-year car loan? Multiple Choice +86-B4)-81 +(86*83*B4+1 -B186983/84)
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