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How is the principal payment

Say that you (or your parents) are purchasing a used car for $22,350. The sales tax is 7.5%, the down payment is $1,200.00, and
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2. asked by Sara
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5. You owe $1,500 on a credit card with a 14.5% APR. The minimum payment is $80. How much goes toward principal if you make the
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Which two amounts are included in the repayments you make on a loan?A. Principal and interest B. Interest and down payment C.
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In an amortized loan, the principal portion:increases with every payment and is zero with the last payment. increases with every
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2. asked by Neisha
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A loan of $7,000,000 is being amortised over 48 months at an interest rate of 12% compounded monthly. Find:(a) the monthly
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2. asked by Gibbons
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A loan of $7,000,000 is being amortised over 48 months at an interest rate of 12% compounded monthly. Find:(a) the monthly
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2. asked by Gibbons
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Mortgage Payment:The equation below helps us determine the monthly payment for a mortgage. P a y m e n t = P ⋅ ( r n ) 1 − (
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Find the amortization table for a $13,000 loan amortized in five annual payments if the interest rate is 8.1% per year
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2. asked by Micaela
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The annual insurance premium on Maria Snyder's house is $2,074 and the annual property tax is $1,403. If her monthly principal
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2. asked by tmouery
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You have a credit card with a balance of $1,256.34 and a 9.5% APR. A late payment fee of $29.00 is added to the principal if you
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2. asked by Katana Yama
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