Asked by Tracy
You visited your local bank. Because of your good credit, they agreed to give you a personal loan, simple interest at a current interest rate of 12.5% APR. you will pay this back in 1 year
Interest=prt=
Total Payment =Principle +interest =
Payment per month= total payment/12=
Interest=prt=
Total Payment =Principle +interest =
Payment per month= total payment/12=
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