Mathematics
grapolLoR
2016-09-23 00:53:51
If you make monthly payments of $1,000 for 10 years, determine the total payment over the lifetime of the loan.
ANSWERS
joshuahornet6
2016-09-23 01:38:20

Hi there Payment per year 1,000×12months=12,000 total payment over the lifetime of the loan. 12,000×10years=120,000 Hope it helps

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