Bianca took out a loan from the bank today for x she plans


Question: Bianca took out a loan from the bank today for X. She plans to repay this loan by making payments of 1, 200 dollars per month for a certain amount of time. If the interest rate on the loan is 0.43 percent per month, she makes her first payment of 1, 200 dollars later today, and she makes her final monthly payment of 1, 200 dollars in 10 months, then what is X, the amount of the loan?

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Finance Basics: Bianca took out a loan from the bank today for x she plans
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