Questions LLC
Login
or
Sign Up
Ask a New Question
Finance
Loans
Debt Service Calculation
what would be the monthly debt service payment on a loan if a friend lends me $15,000 for 4yrs. @8% interest?
1 answer
Indicate your
specific
subject in the "School Subject" box, so those with expertise in the area will respond to the question.
You can
ask a new question
or
answer this question
.
Related Questions
I need help for this math question:
Can you provide the steps on how you got the answer to this question? A bank requires a
A store offers a loan for $900 to buy a computer. The terms of the loan are for 9% simple interest and equal monthly payments
Consider the two payment plans as shown for a $18,000 auto loan.
Plan 1: monthly payment of $306.91 over a period of 5 years,
Consider the two payment plans as shown here for an $18,000 auto loan.
Plan 1: Monthly payment of $306.91 over a period of 5
Using an online loan calculator, determine the total cost, fixed monthly payment, and the total interest paid when repaying an
Using an online loan calculator, calculate the fixed monthly payment and the total cost of repaying a $25,000 student loan with
- Anurag is buying a house for $100,000 and needs a mortgage loan. Bank A wants him to repay the loan in 240 months with monthly
A student with $33,350 student loan is offered two payment plans to repay their debt.
Plan 1: Monthly payment of $361.91 over a
A bank loan of $500 is arranged to be repaid in two years by equal monthly instalments. Interest, calculated monthly, is charged
ompare the two payment options for a $9,500 loan to determine which option has the lower cost of credit.%0D%0A%0D%0AOption 1: