Questions LLC
Login
or
Sign Up
Ask a New Question
Finance
Loans
Loan Repayment Calculation
The life of Kate's loan is 20 years and the interest rate on the loan is 14.5% per year. Use the formula and factor table below how monthly repayment value of R9 280.00 was calculated
1 answer
look at your first posting of this
You can
ask a new question
or
answer this question
.
Related Questions
Lisa takes a loan of $10,500 at a 9% simple interest rate for 7 years.
a. How much interest will she pay after 3 years? b. how
Billy takes a $3000 loan that compounds semi-annually. He makes no payments for the first 4 years, and after 4 years he owes
Compare a simple interest rate of 11% and a simple interest rate of 13% for a $400 credit card loan that can be paid in full at
15. Lisa takes a loan of $10,500 at a 9% simple interest rate for 7 years.
a. How much interest will she pay after 3 years? b.
Bill takes a loan of $9,000.00 at a 8% simple interest rate for 6 years.
a. How much interest will he pay after 2 years? b. How
Aaron needs a $7,500 loan in order to buy a car. Which loan option would allow him to pay the least amount of interest?
An
The balance on a car loan after 4 years is $8,996.32. The interest rate is 5.6% compounding annually. What was the initial value
What is the monthly payment for a loan of $149 383.00 with an interest rate of 5.15% per annum, compounded semi-annually? The
Bill takes a loan of $9,000.00 at a 8% simple interest rate for 6 years.
a. How much interest will he pay after 2 years? b. How
compare a simple interest rate of 11% and a simple interest rate of 13% for a $400 credit card loan that can be paid in full at
