Asked by Anonymous

John Receive a 10,000 loan, with an interest rate of 6 %, for 6 years.

What is the principal amount paid on the 6th through 9th payments?

Answers

Answered by Henry
Amt. paid on principal.

6th----$118.65.
7th----$119.25.
8th----$119.84.
9th----$120.44.

There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions