Business
Business, 29.12.2021 22:20, hjlhdjfhjh

Carlos took seven years to pay off his loan by making identical quarterly payments. The loan had a principal of $22,375 and 5. 49% interest, compounded quarterly. Carlos paid a total of $28,821. 67. How much did Carlos pay in service charges? Round all dollar values to the nearest cent. A. $1,721. 31 b. $4,725. 36 c. $1,670. 98 d. $6,446. 67.

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