Solved

Louis Took Out a Loan to Pay Off His New

Question 131

Essay

Louis took out a loan to pay off his new car, and four months later, has to pay back $8752. This figure also includes a 0.93% interest rate. How much did Louis originally borrow?

Correct Answer:

verifed

Verified

S = 8752; r = 0.93% ...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents