Question
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?
What is the principal amount paid on the 6th through 9th payments?
Answers
Henry
Amt. paid on principal.
6th----$118.65.
7th----$119.25.
8th----$119.84.
9th----$120.44.
6th----$118.65.
7th----$119.25.
8th----$119.84.
9th----$120.44.