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Ron took out interest free car loan for 10950.00 1st month he paid regular payment 2nd month he pay 150.00 toward his payment each month if he paid loan off in 10 months how much was his regular?
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∙ 13y ago
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∙ 13y ago
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What is monthly interest payment on a 10000 loan for 5 years at 14 interest?
$10,000 X 14% (interest) : $1,400 p.a. X 5 yrs: $7,000 over the 5yr (60 months) period. The monthly interest payment will be $116.67
What type of loan in which the loan amount and interest are due in one payment at maturity?
Single payment note. They generally run three to six months in lengh.
How do I Calculate interest for a late payment on a simple interest loan?
You would multiply the rate of interest by the amount owed by the amount of time the payment is late. For example if you have a payment due of 100 dollars and it is 6 months over due at an interest rate of 5% annually you would first calcuate what is the monthly interest rate by doing .05/12 which would be .00417. Then you would multiply the amount owed (100) by the monthly interest (.00417) by the number of months (6). 100x.00417x6= 2.502 Therefore you would now owe $2.50 of interest plus the original amount due 100= $102.50.
What is the payment for a 3000 loan for 18 months?
Depends mostly on the interest rate. There are quite a few banks that have loan calculators on their website.
What is the first month interest and total interest of an item costing 15632.16 interest rate 10 percent time 10 months?
The monthly payment is : 1635.76for calculations more than a year you can use..http://www.estimatepension.com/amortization-Schedule-Calculator.aspx
You paid 11.75 over the regular price of 470 for a stereo system because of financing them for 2 months What was the annualized rate of interest you paid for the stereo?
If there was no partial payment before the final payment, your interest rate was (11.5/470)(100)(12 months/2 months) = 14.68 %.
Why does a company that issues bonds between interest dates collect accrued interest from the bond's purchasers?
It makes the interest payment process easier - if accrued interest is collected when the bond is sold, then the payment to all bondholders is the same: the interest amount for 3 or 6 months, or whatever the payment period is
Why does a company that issues bonds between interest dates collect accrued interest from the bonds' purchasers?
It makes the interest payment process easier - if accrued interest is collected when the bond is sold, then the payment to all bondholders is the same: the interest amount for 3 or 6 months, or whatever the payment period is
What is monthly interest payment on a 10000 loan for 5 years at 14 interest?
$10,000 X 14% (interest) : $1,400 p.a. X 5 yrs: $7,000 over the 5yr (60 months) period. The monthly interest payment will be $116.67
What type of loan in which the loan amount and interest are due in one payment at maturity?
Single payment note. They generally run three to six months in lengh.
How do I Calculate interest for a late payment on a simple interest loan?
You would multiply the rate of interest by the amount owed by the amount of time the payment is late. For example if you have a payment due of 100 dollars and it is 6 months over due at an interest rate of 5% annually you would first calcuate what is the monthly interest rate by doing .05/12 which would be .00417. Then you would multiply the amount owed (100) by the monthly interest (.00417) by the number of months (6). 100x.00417x6= 2.502 Therefore you would now owe $2.50 of interest plus the original amount due 100= $102.50.
If you were to borrow twenty-five thousand dollars at a 10 percent interest for 36 months what would be your monthly payment?
763.89
How are loans affected when you drop out of college?
You still have to pay them. They give you 6 months of payment deferment I believe. After that the interest starts accumulating.
What is the payment for a 3000 loan for 18 months?
Depends mostly on the interest rate. There are quite a few banks that have loan calculators on their website.
Latoya wants to buy a new car, so they do not have to share the truck. Latoya has narrowed her choice to a new BMW 230i?
Nuxhxgbdybybd
When the interest payment dates are March 1 and September 1 and notes are issued on July 1 the amount of interest expense to be accrued at December 31 of the year of issued would be for how long?
10 months
What is the first month interest and total interest of an item costing 15632.16 interest rate 10 percent time 10 months?
The monthly payment is : 1635.76for calculations more than a year you can use..http://www.estimatepension.com/amortization-Schedule-Calculator.aspx
