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How many monthly payments must be made for a 2.5 year loan?

How many monthly payments must be made for a 2.5 year loan?
101k views
1 vote
How many monthly payments
must be made for a 2.5 year loan?

User Zuba
by
8.0k points

2 Answers

6 votes
you would be making 30 payments.
User Josh Woelfel
by
8.5k points
4 votes
30
2x12=24
0.5x12=6
24+6=30

hope that helps
User Donald Shahini
by
8.6k points
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