ezekieltuller ezekieltuller

04-01-2024
Mathematics

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Installment Loan
Principal
Term Length
Interest Rate
Monthly Payment
$2,550
3½ years
9%
$71
How much of the 40th payment will go to interest if
there is an outstanding principal of $210?
Interest on 40th Payment = $[?]
Round to the nearest hundredth.

Installment Loan Principal Term Length Interest Rate Monthly Payment 2550 3 years 9 71 How much of the 40th payment will go to interest if there is an outstandi class=

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