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August 30, 2014

August 30, 2014

Posted by **Sherry** on Tuesday, March 27, 2012 at 10:22am.

What is the monthly payment for this loan?

Show the formula that you used and the values used for each variable to calculate the monthly payment.

What is the unpaid balance of the loan at the end of the 1st year?

Show the formula that you used and the values used for each variable to calculate the unpaid balance at the end of the 1st year.

What is the unpaid balance at the end of the 6th year? Show the formula that you used and the values used for each variable to calculate the unpaid balance at the end of the 6th year.

- Math 141 -
**Sherry**, Tuesday, March 27, 2012 at 11:35amWill someone help me on this, I would really appreciate it. Thank you so much

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