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2 years ago

4

Zeki's course at a trade school cost $1,500. The school gave him a loan for the full amount at an interest rate of 23%. The scho

ol expects a payment of $123.00 every month for 15 months. How much interest will Zeki have paid when the loan balance is $0?

1 answer:

Aloiza [94]2 years ago

8 0

123 x 15 = 1845 is what he pays back total

18445 - 1500 = 345 is interest

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