Question

What is the value of $6,440.00 at 10% interest rate in 19 months?

Answer 1

Theresa are you trying to see how much your monthly payments wil be?

Answer 2

If your loan is $6440.00 with 10% interest for 19 months then your payment amount will be $367.90. I hope this helps.

Answer 3

It is a judgment I have been awarded by the courts and they were to pay 10% interest until it was paid and they are now willing to pay me 19 months later and I don't know how to figure the interest I should be paid

Answer 4

I assume that you want "simple interest" rather than "compound interest"

the interest would be 6440(.10)(19/12) = <b>$1019.67</b>

Add that to the 6440.00