answersLogoWhite

0


Best Answer

It depends on how long you are repaying the 4,000 over. If you are simply paying off the interest with no repayment of capital then 8.6% pa on 4,000 gives 28.67 per month.

If you want to repay the 4,000 back over 12 months then the monthly payment will be 349.06

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the monthly payment on 4000 if the percentage is at 8.6 percent?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is 12 percent of 4000?

12 is what percent of 4000= 12 / 4000= 0.003Converting decimal to a percentage: 0.003 * 100 = 0.3%


What percent of 4000 is 120?

percentage = 3%% rate:= 120/4000 * 100%= 3%


What is 1.90 percent of 4000?

1.9 % of 4000: Percentage is a fraction with a denominator of 100 so, 1.9/100 * 4000 = 0.019 * 4000 = 76


Annual income of Emma rs 60000. she is spending rs 4000 monthly.what percent age of her income is she spending?

Annual Income is Rs.60000/- which translates into Rs.5000/- monthly. Out of which Emma spends Rs.4000/- monthly which corresponds to 80% of her monthly income.


What are sub primes?

Sub prime can be used in two aspects 1. Sub prime customer - A customer who does not have a great credit history and does not have the income to pay the monthly mortgage payments on the loan he is asking for 2. Sub prime Loan - A loan that is granted to a sub prime customer If you have a monthly income of $10000 and you ask for a mortgage loan with monthly payment of $4000 then you are a good customer If you have a monthly income of $4000 and you ask for a loan with monthly payment as $10000 then you would be a sub prime customer


What is the monthly payment for a 500000 mortgage?

It depends on the interest rate and loan term. For a 4.5%, 30 year mortgage the payment would be: $2,533.43 If you did a 15 year mortgage at the same 4.5%, the payment would be: $3,824.97


How is 4000 written as a percentage?

4000 written as a percentage = 400000%


What is 4000 percent of 4000?

4000% of 4000 =4000/100 * 4000 =160,000


What is 800 percent of 4000?

800% of 4,000 = 800% * 4000 = 8 * 4000 = 32,000


What is the percentage of forty?

percentage of forty = 4000%= 40 * 100%= 4000%


What percent of 1.80 is 72 cents?

72 cents, as a percentage of 1.80 cents is 100*72/1.80 = 4000%


16 is what percent of 4000?

16 % of 4000 is 640 here how it is 16 % of 4000 =(16/100)*4000 =640