Posted by **Mary** on Friday, November 15, 2013 at 11:06am.

Just show me how to calculate it and I'll do the rest. I just don't understand how to calculate this problem.

Thank you,

An online store that has been successfully growing on its initial angel investment and revenues wants to invest $5 million to expand the business. The bank is willing to lend the business this money at a 10 percent interest rate over an eight-year term. Calculate the monthly payment, and explain what the business must be able to do with this money in order for this to be a smart business decision.

## Answer This Question

## Related Questions

- U.S. and Global Economics - An online store that has been successfully growing ...
- U.S. and Global Economics: Involving MATH - PLZZZ.. Help I just don't understand...
- Math:Calculating Investment - How would I calculate this problem. plz help I don...
- Math 116A - I have been out of school for a very long time and I just enrolled ...
- math/science - "calculate the volume of 5g of a substance with a density of 6g/...
- Physics-mechanics - A 1.0 kg mass weighs 9.8 N on Earth's surface, and the ...
- Chemistry - How do I do this problem? 1. A student did an alkalinity ...
- General Chemistry-Acids/Bases - I'm stuck on a couple of similar problems ...
- Message to Students re Math - Just thought I would let you young'nes know that ...
- all - hi,i need serious help with my h.w. i m in speech class and i need to find...

More Related Questions