Mathematics, 29.01.2021 03:50 oryunnis

Say you take out a loan with a principal of $44,500. The interest rate is 13.11%, compounded monthly. If you make consistent monthly payments and pay off the loan over the course of six and a half years, how much interest will you have paid in total? Round to the nearest cent. A) $21,849.92
B) $3,018.03
C) $20,003.60
D) $24,321.18
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Say you take out a loan with a principal of $44,500. The interest rate is 13.11%, compounded monthly...