Ask a New Question

Asked by mac

Compute the monthly payments for an add-on interest loan of $850, with an annual interest rate of 15 percent and a term of 4 years.
11 years ago

Answers

Answered by Kuai

850(1+.15/12)^48
= 1543.o516
Monthly payment
1543.0516/48 = $32..15
11 years ago
Answered by ponchelo
MY NAME IS PONCHELO MY LAST NAME IS CADET AND IM 8 YEAR OLD
11 years ago

Related Questions

The monthly payments on an 8-year loan compounded monthly at 4.75% are $100. What was the original a... a. Find the monthly payments for a simple interest amortized loan of $16000 at 7 1/8 % for 7 years... Find the monthly payments for an ordinary annuity that will yield a future value of $80000 at 9 1/... monthly payments on a $100000 loan at 5.5% annual interest amortized over 100 years will be close to... The monthly car payments for Ted Nelson's last eight customers were $266, $285, $285, $285, $285, $3... what are monthly payments on $100,000.00 at 1% over 5 years so if i have monthly payments i would multiply the monthly payment by 12 then add it to the down pay... How ugh are monthly payments on 100000 for 36 mo, at 9% ? Your monthly payments for a house are likely to be as high as rent when you factor in mortgage payme... Your monthly payments for a house are likely to be as high as rent when you factor in mortgage payme...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use