Mathematics

Mathematics, 29.06.2019 15:40, nbunny7208

Gertrude took out a 30-year loan for $95,000 at 8.4% interest, compounded monthly. if her monthly payment on the loan is $723.75, how much of her first payment went toward note reduction?

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Mathematics, 26.07.2019 08:30, trishinada63

Dusty has the choice of taking out a 25-year loan for $165,000 at 9.1% interest, compounded monthly, or the same loan at 20 years for a higher monthly payment. how much more is the monthly payment for the 20 -year loan than the monthly payment for the 25-year loan?

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Mathematics, 17.09.2019 06:30, samgirl2000

Jocelyn is considering taking out one of the two following loans. loan h is a three-year loan with a principal of $5,650 and an interest rate of 12.24%, compounded monthly. loan i is a four-year loan with a principal of $6,830 and an interest rate of 10.97%, compounded monthly. which loan will have the smaller monthly payment, and how much smaller will it be? round all dollar values to the nearest cent. a. loan h's monthly payment will be $42.46 smaller than loan i's. b. loan h's monthly payment will be $140.79 smaller than loan i's. c. loan i's monthly payment will be $11.88 smaller than loan h's. d. loan i's monthly payment will be $26.98 smaller than loan h's.

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Mathematics, 19.09.2019 21:30, jasminemora4

Gertrude takes out a $5,500 subsidized stafford loan, which must be paid back in ten years. gertrude will graduate four years after taking out the loan. if the loan has an interest rate of 6.8%, compounded monthly, and gertrude makes monthly payments, how much interest will she pay by the time the loan is repaid? round all dollar values to the nearest cent.

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Mathematics, 16.10.2019 03:00, HolliAnne

Nicole has the choice of taking out a 30-year loan for $165,000 at 9.1% interest, compounded monthly, or the same loan at 25 years for a higher monthly payment. how much more is the monthly payment for the 25-year loan than the monthly payment for the 30- year loan

Answers: 3

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Gertrude took out a 30-year loan for $95,000 at 8.4% interest, compounded monthly. if her monthly pa...

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