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Calculate the monthly payment necessary
Using the monthly payment formula below, calculate the monthly payment for a 10-year $50,000 amortization loan at 4.5%.
M=P[r(1+r
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asked by
kricket
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hich of the following is a variable expense for many adults?
Question 4 options: Their monthly cost of eating out at restaurants
1 answer
100 views
Which of the following is a variable expense for many adults?
Question 5 options: Their monthly cost of eating out at restaurants
1 answer
87 views
You are considering borrowing $150,000 to purchase a new
home. a. Calculate the monthly payment needed to amortize an 8 percent
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asked by
YaYa
2,567 views
Using an online loan calculator, calculate the fixed monthly payment and the total cost of repaying a $25,000 student loan with
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I am having problems with this question in my math class.
Consider a student loan of $25,000.00 at a fixed APR of 12% for 25
6 answers
asked by
Stephanie
1,270 views
Which of the following is a variable expense for many adults?
Question 4 options: Their monthly cost of eating out at restaurants
1 answer
113 views
The table shows the specifications of an adjustable rate mortgage (ARM). Assume no caps apply. Find a) the initial
1 answer
asked by
Shelby
116 views
The table shows the specifications of an adjustable rate mortgage (ARM). Assume no caps apply. Find a) the initial
1 answer
asked by
Shelby
110 views
The table shows the specifications of an adjustable rate mortgage (ARM). Assume no caps apply. Find a) the initial
1 answer
asked by
Shelby
114 views