Find the amount of interest on the first monthly payment on


Find the amount of interest on the first monthly payment on a loan if the amount borrowed is $10,000, the interest rate is 8.5%, and the payment is $150.00.

Solution Preview :

Prepared by a verified Expert
Mathematics: Find the amount of interest on the first monthly payment on
Reference No:- TGS02642372

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)