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Home Q & A Board Science-Related Homework Help Mathematics
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zitze zitze
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A year ago
How long will it take for monthly payments of $800 to repay a $100,000 loan if the interest rate on the loan is:


a) 6% compounded monthly?
b) 7% compounded monthly?
c) 8% compounded monthly?
d) 9% compounded monthly?

Round up the number of payments.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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annalassannalass
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A year ago
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zitze Author
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A year ago
You make an excellent tutor!
nicolepope23
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Yesterday
Good timing, thanks!
zsc999
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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