SOLUTION: A Loan of $15,876 was repaid at the end of 12 months. What size repayment check ( principal and interest ) was written , if an 8.7% annual rate of interest was charged?
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: A Loan of $15,876 was repaid at the end of 12 months. What size repayment check ( principal and interest ) was written , if an 8.7% annual rate of interest was charged?
Log On
Question 1122197: A Loan of $15,876 was repaid at the end of 12 months. What size repayment check ( principal and interest ) was written , if an 8.7% annual rate of interest was charged? Answer by Boreal(15235) (Show Source):
