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Find the monthly payment for the loan. (Round your answer to the nearest cent.)
$700 loan for 12 months at 12%
1 answer
(700 * 1.12)/12 = ?
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4. Find the monthly payment for the loan. (Round your answer to the nearest cent.)
$700 loan for 12 months at 15% 5. Find the
Top answer:
4. P = Po*r*t/(1-(1+r)^-t)) Po = $700 r = (15%/12)/100% = 0.0125 = Monthly % rate expressed as a
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Find the monthly payment for the loan. (Round your answer to the nearest cent.)
$400 loan for 12 months at 14%
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I = PRT Add the interest to the loan and divide by 12.
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Find the monthly payment for the loan. (Round your answer to the nearest cent.)
$400 loan for 12 months at 14%
Top answer:
i = .14/12 = .0116666... n = 12 400 = payment (1 - 1.011666...^-12)/.01166.. I get payment = 35.91
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Find the monthly payment for the loan. (Round your answer to the nearest cent.)
$800 loan for 12 months at 10%
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i = .10/12 = .0083333... ( I stored in calculator) n = 12 PV = paym( 1- (1+i)^-n )/i 800 = paym( 1 -
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a. Find the monthly payments and the total interest for Loan A.
The monthly payment for Loan A is $311.97 . (Do not round
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Your question appears to be incomplete as there are no details provided for Loan A and Loan B.
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Find the monthly payment for the loan. ( round your answer to the nearest cent.)
Finance $950,000 for a warehouse with a 7.50% 30
Top answer:
just plug in your numbers, using the amortization formula.
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Find the monthly payment for the loan. (Round your answer to the nearest cent.)
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Did you see these directions? <b>School Subject: (Examples: math, science, algebra, geography)</b>
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ind the monthly payment for the loan. (Round your answer to the nearest cent.)
Finance $450,000 for a warehouse with a 7.50%
Top answer:
Just look up the formula for monthly payment of loan amortization, and plug in your numbers.
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A student takes out a loan of $12,360 at a fixed APR of 5.5% for 5 years.
a) What is the monthly payment? (Round to the nearest
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To calculate the monthly payment, total amount paid, and the percentages paid toward the principal
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Find the amount of interest and the monthly payment for the loan. Purchase a car for $42,700 at 2.9% add-on rate for 5 years.
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To find the amount of interest and the monthly payment for the loan, we can use the formula for
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