October 13, 2015

Homework Help: Finance

Posted by Damari on Sunday, June 10, 2012 at 9:07pm.

A guy borrows $5000 and wants to repay it $190 per month starting at the end of this month. If the loan terms are 6% APR with monthly compounding, how many payments will he need to make to pay off the loan?

Answer this Question

First Name:
School Subject:

Related Questions

More Related Questions