Calculate the monthly payment for a loan of $8,250 at a fixed APR of 6.5% over a period of 5 years
Calculate the monthly payment for a loan of $8,250 at a fixed APR of 6.5% over...
Calculate the monthly payment for a student loan of $36,420 at a fixed APR of 8% for 10 years.
Consider a student loan of $17,500 at a fixed APR of 9% for 5 years. a. Calculate the monthly payment. b. Determine the total amount paid over the term of the loan. c. Of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest. . (Do not round until the final answer. Then round to the nearest cent as needed.)
.Your monthly mortgage payment will be $2,998 if you take $500,000 fixed rate loan with a term of 30 years and with APR of 6%. How soon would your be able to fully repay your loan if you increase you monthly payment by 10%? Why?
Consider a student loan of $17,500 at a fixed APR of 12% for 25 years. a. Calculate the monthly payment. b. Determine the total amount paid over the term of the loan. c. Of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest. (Do not round until the final answer. Then round to the nearest cent as needed.)
Calculate the equal monthly payment of interest and principal for a $750,000 loan fully amortized over 12 years at an annual rate of interest of 5.75%.
Calculate the monthly loan payment (MP) given a 6 %, 5 years with monthly compounding. The loan is for $125,500. a. Calculate MP (ordinary annuity): b. Calculate the Loan Balance after 3.5 years: c. Calculate the MP as an annuity due:
Consider a 3-year amortized loan of $100,000 that requires monthly loan payment. The APR of this loan is 4.8%. What is the amount of each monthly loan payment? Select one: O a. $3055.48 O b. $2765.34 c. $2988.12 O d. $2865.26
On a home loan of $161,910 , with 30 year term with a fixed APR of 3.719%. calculate: a). monthly payment b). total amount paid for loan c). total interest paid for loan
Calculate the monthly payment for a loan amount of $5,915 over 24 months (2 years) with an interest rate of 9.5% using the add-on method ((P*r*T) + P)/24. Also, what would the finance charges be for this loan every month for 24 months? Thank you!
consider a home mortgage of 225000 at a fixed apr 4.5% for 25 years... I need all ai2 Me·4.D-S Calculate loan payments, tota This Question: 1 pt 1 of Consider a home mortgage of $225,000 at a fixed APR of 4 5% for 25 years. a. Calculate the monthly payment b. Determine the total amount paid over the term of the loan. c. Of the total amount paid, what percentage is paid toward the principal and what percentage is paid...