Post a New Question

Finance

posted by .

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?

  • Finance -

    you multiply it by the percent.
    or divede i really don't remember lol hey i am trying over here. give me a credit for trying :)

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question