Mathematics
Mathematics, 12.04.2021 19:50, jonathanjenkins701

Kera took out a 24-month bank loan of $13,000 at an interest rate of 5.95%. She budgets to pay $450 per month towards the loan. Write an equation that represents how much total interest
Kera will pay towards the remaining balance of the loan at the end of each year. Let m equal the
number of months paid and r equal the interest charged on the remaining balance.

answer
Answers: 3

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Kera took out a 24-month bank loan of $13,000 at an interest rate of 5.95%. She budgets to pay $450...

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