Questions LLC
Login
or
Sign Up
Ask a New Question
Mathematics
Financial Mathematics
Loan Repayment Calculation
If i have 26 months to pay back 15000 dollars how much would i pay monthly?
1 answer
What is the interest rate?
You can
ask a new question
or
answer this question
.
Related Questions
Stacey has a $8,000 balance on her credit card that has an interest rate of 21%,
compounded monthly. (a) If she decides to pay it
A bank credit card charges interest at the rate of 20% per year, compounded monthly. If a senior in college charges $1,300 to
Nikki borrowed $500 at 9% interest for 12 months under a monthly
installment plan. She must pay $8.7453 per $100 each month for
5. Assume you borrow $5,000 today and pay back the loan in one lump sum four years from today. You are charged 8 percent
A bank credit card charges interest at the rate of 24% per year, compounded monthly. If a senior in college charges $1,100 to
When Maria Acosta bought a car 2.5 years ago, she borrowed $10,000 for 48 months at 7.8% compounded monthly. Her monthly
Malik borrowed $8,000 to buy a new boat. He will pay off the loan after 4 years by paying back the principal plus 6.5% simple
Rhonda borrowed $700 at 9% interest for 12 months under a monthly
installment plan. She must pay $8.7453 per $100 each month for
Nikki borrowed $500 at 9% interest for 12 months under a monthly
installment plan. She must pay $8.7453 per $100 each month for
Suppose you borrow $500 and you plan to pay it back all at once in 5 years. You are charged 2% interest compounded monthly.
What