Tuesday
March 28, 2017

Post a New Question

Posted by on .

50,000 is the amount of a loan needed to purchase a restaurant location. After researching to find the best interest rate, you find that banks for small business offer the best interest rate at 9% compounded monthly for 7 years. After making a monthly payment of $804.45 monthly for 6 years what is your remaining balance

  • algebra - ,

    What is your remaining balance.

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question