You owe $3572.75 in 147 days and have decided to pay off your loan early. Your interest rate is 6.52%. What is the size of the cheque that you write today to pay off all of your debt?
A) $4381.33
B) $3481.33
C) $3581.33
D) $3381.33
E) $3814.33
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Question
You owe $3572.75 in 147 days and have decided to pay off your loan early. Your interest rate is 6.52%. What is the size of the cheque that you write today to pay off all of your debt?
A) $4381.33 B) $3481.33 C) $3581.33 D) $3381.33 E) $3814.33
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