Answered You can hire a professional tutor to get the answer.
QUESTION
A loan of amount $28080 is to be repaid in payments that each consist of a principal repayment of $720 plus the interest on the previous outstanding...
A loan of amount $28080 is to be repaid in payments that each consist of a principal repayment of $720 plus the interest on the previous outstanding balance. What is the total interest paid if the interest per payment period is 3.8%?
