Question: thomas borrowed $ 4 , 0 0 0 at an annual interest rate of 8 . 4 % and a loan term of 2 years.

thomas borrowed $4,000 at an annual interest rate of 8.4% and a loan term of 2 years. the monthly payment is $181.64. hoiw much interest will thomas pay as part of the first loan payment? a. $28 b. $153.64 c. $181.64 d. $33.60

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