Posted by Lisa on Monday, November 10, 2008 at 9:09pm.
I need help for this math question:
Can you provide the steps on how you got the answer to this question?
A bank requires a monthly payment of $33.45 on a $2500 loan. At the same rate, find the monthly payment on a $10,000 loan.

Math  Finance  Ms. Sue, Monday, November 10, 2008 at 9:11pm
Assistance needed.

Urgent help!  Lisa, Monday, November 10, 2008 at 10:20pm
need help for this math question:
Can you provide the steps on how you got the answer to this question?
A bank requires a monthly payment of $33.45 on a $2500 loan. At the same rate, find the monthly payment on a $10,000 loan.

Home work help  Ms. Sue, Monday, November 10, 2008 at 10:32pm
33.45 * 12 = $401.40 annually
401.4 / 2500 = 0.16056 = 16.056%
10,000 * 0.16056 = 1605.6
$1605.60 / 12 = ?

Home work help  Dave, Sunday, October 16, 2016 at 6:23pm
742
Answer This Question
Related Questions
 FINANCE  Now that they have accumulated a deposit of 55,000 Jack and Jill take ...
 math  Jon Ericson bought a home with a 11.5% adjustable rate mortgage for 20 ...
 Maths  Can pls someone explain me this ? Thank you The Brownsâ€™ gross monthly ...
 Math   Anurag is buying a house for $100,000 and needs a mortgage loan. Bank A...
 Math  4. Find the monthly payment for the loan. (Round your answer to the ...
 Finance  Loan Payments  If you take out an $8,000 car loan that calls for 48 ...
 Math  You need to borrow $20,000 to buy a car. You can only afford to make ...
 Finance  Could someone tell me how to calculate this in excel? You are applying...
 math  Mr. Hobbs was just about to take out a home mortage of $120,000 for 20 ...
 Business Finance  Assume a bank loan requires a interest payment of $85 per ...
More Related Questions