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Business, 09.02.2021 21:20 arifkarimi9214

3. If you take out a loan with a principal of $50,400. The interest rate is 11.15%, compounded weekly. If you make consistent monthly payments and pay off the loan over the course of seven
years, how much interest will you have paid in total? Round dollar amounts to the nearest cent.
(2 Points)
1 point for using the formula and calculating the payment; 1 point for calculating the interest
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3. If you take out a loan with a principal of $50,400. The interest rate is 11.15%, compounded week...
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