Question

Plan A tracks the monthly payment of $ 392. What is the total interest paid on this loan over the duration 60 months? Round your answer to the nearest penny DO NOT place a dollar sign in your answer

Answer 1

Answer:

23,000

Step-by-step explanation:

Multiply 60 with $392

60x392=23,520

Plan A makes you pay a total of $23,520 over the next 60 months (5 years).

Hope this helps! :)