Posted by **Loretta** on Wednesday, December 1, 2010 at 11:43am.

equipment cost $20,000 and is financed over a period of five years at an interest rate of 12%...What is the monthly payment...What is the loan balance at the end of four years and how much interest will have been paid on the loan after five years?

## Answer This Question

## Related Questions

- Finance - Five years ago, you bought a house for $151,000. You had a down ...
- Math Finance please help - Five years ago, you bought a house for $151,000. You ...
- Finance - Loans problem please help - A company borrows $170000, which will be ...
- Please Help me with a Finance - Loan problem - A company borrows $170000, which ...
- Finance - Loans problem - Reiny the answer 307.33 you posted at the bottom is ...
- Finance - Sutton Corporation, which has a zero tax rate due to tax loss carry-...
- Algebra: Statistics - Five years ago, you bought a house for $151,000, with a ...
- Finance - Could someone tell me how to calculate this in excel? You are ...
- math - Five years ago, you bought a house for $151,000, with a downpayment of $...
- MATH - Five years ago, you bought a house for $151,000, with a down payment of $...

More Related Questions