Ask a New Question

Question

The annual interest rate for a customer’s loan of $425 is 15.75%. What is the total dollar amount to be repaid on the loan, including principle and interest, for the entire year?
13 years ago

Answers

Ms. Sue
425 * 1.1575 = ?

13 years ago
lori
491.72
11 years ago

Related Questions

What annual rate of interest is required to double an investment in 3 years? The annual interest rate on an investment is 8%. What is the quarterly rate? (a) 1% (b)12% (c) 16... What annual interest rate was charged on a 2-year loan of $6300 if the simple interest paid was $103... What annual rate of interest will enable $800 to grow to $1000 in three years? cant seem to deriv... If the annual interest rate is 10%, what is the approximate monthly interest rate? A. 0.833%... The annual interest rate on a credit card is14.99 ​%. If a payment of ​400$ is made each​ month, how... At an annual interest rate of 10 percent, about how many years will it take $100 to double in value?... If the annual interest rate is 12%, what is the monthly interest rate? (1 point) Responses 1%... If the annual interest rate is 10%, what is the approximate monthly interest rate? (1 point) Res... Why is the annual interest rate more important to a borrower who carries a balance than to a borrowe...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use