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Based on a table provided in your reading material, determine the monthly payment for a $100,000 loan if the interest rate is 6% and the term of the loan 15 years. a. b. C. d. $600 $740 $844 $899​
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2 votes
Based on a table provided in your reading material, determine the monthly

payment for a $100,000 loan if the interest rate is 6% and the term of the loan
15 years.
a.
b.
C.
d.
$600
$740
$844
$899​

User Tharindu Kumara
by
8.6k points

2 Answers

1 vote

Answer:

C. $844

Explanation:

Just look at the chart and it says $844

User Peenut
by
8.5k points
6 votes
600 the answer is 600$
User Ashwin Bande
by
7.6k points
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