Posted by Benjie on Wednesday, June 18, 2008 at 3:25pm.
WHAT WOULD BE THE MONTHLY PAYMENT ON $100,000 MORTGAGE AT A RATE OF 8 1/2 % for 20 years?

MATH  tchrwill, Wednesday, June 18, 2008 at 3:52pm
WHAT WOULD BE THE MONTHLY PAYMENT ON $100,000 MORTGAGE AT A RATE OF 8 1/2 % for 20 years?
R = Pi/[1  (1+i)^n]
P = $100,000
i = 8.5/100(12) = .007083
n = 20(12) = 240
I'll leave the easy part for you.

MATH  hoa, Saturday, July 13, 2013 at 1:49pm
i don't know
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