$60 of your loan
She will pay $1,924.02 in interest.
The interest rate is given in the question. It is 3.5%.The amount of interest paid on the loan depends on how much of the loan (if any) is paid back during the period of the loan. If there are no interim payments, the total interest at the end of 5 years is 2681.85 approx.
1600
558,92
365$ give or take :)
237.5
2500.58 (A+)
842.40
586.25
She will pay $1,924.02 in interest.
That depends on how long it takes to repay the loan. If you repay the loan in one go at the end of 12 months you would pay 612.00 in interest plus the loan of 1,700.00 a total of 2,312.00
The answer is 3825. Hope it helps :)