Mathematics, 20.02.2020 20:57 sterlingrobinson35

Michelle is applying for a loan of $8,000 at an interest rate of 4.5% for 5 years. Use the monthly payment formula to complete the statements M = M = monthly payment P = principal r = interest rate t = number of years Her monthly payment for the loan will be . The total finance charge that she will pay on the loan is .

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Michelle is applying for a loan of $8,000 at an interest rate of 4.5% for 5 years. Use the monthly p...

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