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11 May, 05:53

What is the total payment for an $8,720 loan at 12.5 percent for 15 years?

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  1. 11 May, 06:32
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    8720*12,5/100*15=16406,25 $

    8720+16406,25 = 25 126,25 $
  2. 11 May, 06:45
    0
    The total payment in what of that in simple interest will be solved by multiplying all three numbers and then the answer you get, add it to the principle.

    16350+8720=$25070. 00 as your total payment.
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