Paul took out a 2-year loan for $1450 at a computer retailer to be paid back with monthly payments at an 18% apr, compounded monthly. if the loan offers no payments for the first 4 months, about how much in total will paul pay in interest for the loan?

step-by-step explanation:

if you want to solve percent error follow these steps.

1. subtract the accepted value from the experimental value.

2. take the absolute value of step 1.

3. divide that answer by the accepted value.

4. multiply that answer by 100 and add the % symbol to express the answer as a percentage.

if you want to solve percent of change just do this.

1. work out the difference (increase) between the two numbers you are comparing.

2. divide the increase by the original number and multiply the answer by 100. if your answer is a negative number then this is a percentage decrease.

hope this : )

so, converting firstly the mixed fractions to improper fractions and then "adding".