each month to reduce the loan What is the total cost of this

Last updated: 5/19/2023

each month to reduce the loan What is the total cost of this loan that is what is the sum of all the monthly interest payments Cost of loan Problem 10 1 point The government has decided on a tax rebate program to stimulate the economy Suppose that you receive 700 and you spend 70 of this and each person who receives what you spend in turn spend 70 of what they receive and this process continues indefinitely What is the total amount spent to the nearest dollar that results from this government action Total amount spent