Thursday
December 18, 2014

Homework Help: math

Posted by ann on Friday, July 6, 2012 at 7:58pm.

Calculate the monthly payment necessary to retire a 3-year simple-interest loan of $12,000 if the simple interest rate charged is 9%. Round your answer to the nearest cent.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math - What monthly payment is required to amortize a loan of $35,000 over 10 yr...
Math - 4. Find the monthly payment for the loan. (Round your answer to the ...
math - The Sandersons are planning to refinance their home. The outstanding ...
math - The Sandersons are planning to refinance their home. The outstanding ...
math - Find the periodic payment R required to amortize a loan of P dollars over...
Finite Math - The Sandersons are planning to refinance their home. The ...
Algebra - I am trying to work through this problem and am having trouble. Can ...
Algebra - I am trying to work through this problem and am having trouble. Can ...
Algebra - Suppose A is the amount borrowed, r is the interest rate (in decimal ...
Algebra - Suppose Alice buys a car and obtains a 5 year loan for $25,000 at an ...

Search
Members