Question #317097

how much total interest will molly pay using this plan


1
Expert's answer
2022-03-24T16:11:07-0400

Amount of loan required;

$25495$2500$500=$22495\$25495-\$2500-\$500=\$22495

Amortization schedule (interest @ 1.9% APR, 84 months repayment)



Adding the interests,the total interest molly will pay will be;

$1546.87\$1546.87


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