Homework Help: Math

Posted by Susan on Friday, March 30, 2012 at 4:41pm.

$10,000.00 loan at 8% to be paid in full in 88 months. How much interest would be due at the payoff of the loan?

Math - Ms. Sue, Friday, March 30, 2012 at 4:43pm
I = PRT

I = 10,000 * 0.08 * 7.333
Math - Susan, Friday, March 30, 2012 at 4:50pm
Thanks much!
Math - Ms. Sue, Friday, March 30, 2012 at 4:51pm
You're welcome.

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