Solved: Making payments to pay off the loan, Algebra

Making payments to pay off the loan

Assignment:

Eric is paying $39 per week to pay off a loan for $14,568. How many weeks will he have to make payments to pay off the loan? How much will his last payment be?

Provide complete and step by step solution for the question and show calculations and use formulas.

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Algebra: Making payments to pay off the loan

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Algebra: Making payments to pay off the loan

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