Question

If I borrowed $15000 in April 2008 at 6% interest and have paid $150 per month since then, how much have I paid and how much do I owe?

Answer 1

Are you counting 5 or 6 months?

Answer 2

I am looking for the balance owed and what was paid.

Answer 3

Did you pay interest in April 2008?

Did you pay interest in October 2014?

Answer 4

thanks...i figured it out