Mathematics
Mathematics, 25.04.2021 05:10, giannav57

Jean-Claude will be the best man at his friends wedding. To pay for plane fare gifts and other expenses he took an $1800 installment loan. The loan is for 12 months at 8% interest with $156.60 monthly payment. After eight months the balance is $615.87 and he pays off the loan when the next payment is due. What is the total payback amount if paid off in 12 months?

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