What is the amount of interest charged on a 12-month installment loan for $640 at an interest

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What is the amount of interest charged on a 12-month installment loan for $640 at an interest rate of 12.75.

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Apr 07, 2024 11:38 PM

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What is the amount of interest charged on a 12-month installment loan for $640 at an interest

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Heres how to calculate the interest charged on the installment loan 1 Convert Interest Rate to De... View the full answer

Personal Finance

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