Mathematics, 12.02.2021 20:50 Oneandonlybabygirl
A $25,000 loan has a yearly 3.2% interest applied to it monthly. the loan is being paid off with monthly payments of $200 per month. how much is still owed on the loan after one month of interest and payment has been applied?
(1) $24,748.33
(2) $24,866.67
(3) 24,890.04
(4) 25,600.00
Answers: 2
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