Mathematics, 11.09.2019 18:20 Lujfl

Sam is paying off his eight-year, $15,360 loan in semiannual installments. the loan has an interest rate of 9.58%, compounded semiannually, and a service charge of $1,294.64. once the loan has been fully paid off, what percentage of the total finance charge will the service charge be? round all dollar values to the nearest cent.

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Sam is paying off his eight-year, $15,360 loan in semiannual installments. the loan has an interest...

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