chasedehlin6608 chasedehlin6608
  • 04-09-2018
  • History
contestada

N one or two sentences, describe how a person can calculate his monthly payment for a loan.

Respuesta :

shagojyo
shagojyo shagojyo
  • 14-09-2018

A person can calculate his monthly payment for a loan by knowing the following:

his total loan balance

the total number of payments to be made

the total amount of time to make the payment

the total interest amount


When he has all these factors, he can take the amount of payments that must be made in total and divide it by the loan balance. This will give him the amount that will be paid monthly on the loan.

Answer Link

Otras preguntas

Simplify the expression. 5(3f – 8g) + 2g
Mis amigos __________ a la fiesta de cumpleaños
The radius of a circular hat is 3.7 inches. Find the circumference. Use = 3.14. A. 1.85 in. B. 11.618 in. C. 23.236 in. D. 22.2 in.
What type of conflict occurs when two people are on the same team but are not working toward a common goal
gala apples are sold in a 3 pound bag for 5.55. which of the following equations represents c, the total cost for p pounds of apples?
What is the purpose of reading a chapter summary before reading a chapter? to skip the reading process to shorten the reading process to get to the answers quic
Which of these diagrams show an ATP molecule? A. 1 B.2 C.3 D.4
You know the distance between two cities is 140 miles. What is the distance in kilometers? A. 86.996 km B. 225.298 km C. 225.302 km D. 85.445 km
Can someone please help me at my French homework
Who is Joseph brant