Finacialalgebra Finacialalgebra

16-05-2016
Mathematics

contestada

what is the monthly payment to the nearest cent of a 30-year loan of $268,000 with a APR of 6.34%

Respuesta :

22-05-2016

loan amount = 268 000 dollars
Interest = 6.34% annual percentage interest.
Loan will be for 30 years
=> 268 000 * .0634 = 18132.4 dollars for annual
=> 18132.4 dollars * 30 years = 543972 dollars
=> 543972 + 268 000 = 811972

Answer Link

Otras preguntas

What is a trains average speed if it travels 225 kilometers in 2.5 hours

In the first major pioneering movement, settlers made their way to Oregon and California by way of the _______ Trail. a. Kearny b. Oregon c. Cumberland d. O

What is the expanded form for the population of Arlington

what is the unit value of the 6 in 216

name the value of each 2 in 222,222

Does data from mass spectrometry indicate that modern scientists have made modifications to daltons model

a submarine that is 245 feet below sea level decends 83 feet and then ascends 103 feet. which represents the location of the submarine compared to sea level?

What was the importance of the search for religious freedom in the settling of America

what is y+5x=6 solve for y

The sum of two numbers is 5.036. one number has a 4 in the tenths place and 7 in the thousandths place. The other number has a 1 in the ones place and an 2 in t