Register
What is the balance on an amortized loan of $340,000 after the first payment if the interest rate is 6% with a monthly P
160k views
3 votes
What is the balance on an amortized loan of $340,000 after the first payment if the interest rate is 6% with a monthly P

User Yazu
by
8.0k points

1 Answer

8 votes

Answer:

I think it would be $339,672.00 but not positive

Step-by-step explanation:

User HighFlyingSmurfs
by
7.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!