Mathematics, 30.10.2021 14:00 haileysolis5
An individual borrowed $81,000 at an APR of 3%, which will be paid off with monthly payments of $434 for 21 years.
a. Identify the amount borrowed, the annual interest rate, the number of payments per year, the loan term, and the payment amount.
The amount borrowed is? the annual interest rate is what %? the number of payments per year is? the loan term is how many years? and the payment amount is $?
Answers: 1
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An individual borrowed $81,000 at an APR of 3%, which will be paid off with monthly payments of $434...
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