Ask a New Question
Search
If the interest rate is 18% per year, why is the total of the interest payments less than 90 dollars?
1 answer
What is the principle?
Similar Questions
Rate: 7%
Payments: 360 @ $665.31 Total Interest: $139,511.60 How much will be repaid for this loan? $
1 answer
Suppose Alice buys a car and obtains a 5 year loan for $25,000 at an interest rate of 6%.
Suppose A is the amount borrowed, r is
2 answers
Heww Inc., issued a $50,000, 10 year bond with a stated interest rate of 6%. Assume interest payments are made semi-annually.
0 answers
Tobin borrowed $5000 from the bank in order to buy a new piano. He will pay it off by equal payments at the end of each week for
1 answer
more similar questions