Mathematics, 16.04.2020 00:32, matpakootas521

Ralph Phillips obtained a 12 month, $1500.00 loan at 12%. His monthly payment is $135.20. For the first payment find:
a. The interest.
b. The payment to principal.
c. The new balance.

Answers: 3

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Ralph Phillips obtained a 12 month, $1500.00 loan at 12%. His monthly payment is $135.20. For the fi...