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  3. a. you took out a loan for $68,800, at 4.5% ordina

a. You took out a loan for $68,800, at 4.5% ordinary interest. The total amount...

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Finance

a. You took out a loan for $68,800, at 4.5% ordinary interest. The total amount of interest was $4,644?

What is the time period (in days) of the loan?

b.You repaid a $2,500 installment loan with 24 monthly payments of $123.00 each.

What was the annual percentage rate of the loan? answer b: 16.496% ???

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