menu
Askians
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Ellis Klein borrows $2,000 at an annual interest rate of 7.2% for two years. Calculate his monthly payments.
asked
Jun 19, 2017
149k
views
2
votes
Ellis Klein borrows $2,000 at an annual interest rate of 7.2% for two years. Calculate his monthly payments.
Mathematics
high-school
SaintTail
asked
by
SaintTail
7.6k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
2
votes
$89.73
You will need to pay $89.73 every month for 2 years to payoff the debt.
Monthly Payment: $89.73
Time to Pay Clear: 2.00 years
Total of 24 Payments: $2,153.44
Total Interest:
$153.44
Daniel MesSer
answered
Jun 25, 2017
by
Daniel MesSer
8.7k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← 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
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
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Askians