SOLUTION: A loan of 23,243 was repaid at the end of 11 months. What size repayment check (principal and interest) was written if 5.3% annual rate of interest was charged?

Algebra ->  Finance -> SOLUTION: A loan of 23,243 was repaid at the end of 11 months. What size repayment check (principal and interest) was written if 5.3% annual rate of interest was charged?      Log On


   



Question 1108000: A loan of 23,243 was repaid at the end of 11 months. What size repayment check (principal and interest) was written if 5.3% annual rate of interest was charged?
Answer by Collinwilfixyouuprealnice(44) About Me  (Show Source):