Register

The bank agrees to give you a loan of $35,000 with 2% simple interest over 8 years. how much will your monthly payments be?

The bank agrees to give you a loan of $35,000 with 2% simple interest over 8 years. how much will your monthly payments be?
52.7k views
10 votes
The bank agrees to give you a loan of $35,000 with 2% simple interest over 8 years. how much will your monthly payments be?

User Kunerd
by
7.7k points

2 Answers

11 votes

Answer:

$395

Explanation:

You could have used a loan calculator online

User Nickohrn
by
8.0k points
6 votes

Answer:

$37.05 i think

Explanation:

User Tomalec
by
8.0k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!