Biology Forums - Study Force

Science-Related Homework Help Mathematics Topic started by: bmwprincess on Jun 12, 2023



Title: The interest rate on a $30,000 loan is 7.5% compounded monthly. a) What monthly payments are ...
Post by: bmwprincess on Jun 12, 2023
The interest rate on a $30,000 loan is 7.5% compounded monthly.


a) What monthly payments are required to pay off the loan in eight years?
b) What monthly payments would be required to reduce the balance to $10,000 after five years?


Title: Re: The interest rate on a $30,000 loan is 7.5% compounded monthly. a) What monthly payments are ...
Post by: dangoon on Jun 12, 2023
Content hidden