Farah shopped at Lowes using line of credit and purchased merchandise worth $963.52. She is budgeting a planning to pay $100 every month back to her bank. The bank charges 7% p.a. on unpaid balances. Construct a complete repayment schedule for Farah. What is the total interest paid to the bank?

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The Answer of Farah shopped at Lowes using line of credit and purchased merchandise worth $963.52. She is budgeting a planning to pay $100 every month back to her bank. The bank charges 7% p.a. on unpaid balances. Construct a complete repayment schedule for Farah. What is the total interest paid to the bank?

Farah Shopped at Lowes Using Line of Credit and Purchased