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What is a loan amortization in reference too purchasing a car on credit?
When purchasing a car on credit, a loan is obtained and the loan is paid off over time. For example, a car loan paid off over 5 years, with monthly payments, is considered to amortized over 5 years.
Are solar cells expensive?
hell yes ive had mine 5 years and they havent paid themselves off
What is an advantage of a shorter-term (such as 15 years) loan?
less interest paid
What is a advantage of a shorter-term such as 15 years loan?
less interest paid
What is the formula for finding an interest rate on a 10000 loan paid at the end of three years total paid is 12600?
126
949 at 12.25 percent for 3.5 years?
Monthly Payment: $27.90Total Paid on Loan: $1,171.70Total Paid in Interest:$ 222.70
How do you get out of responsibility for a loan if you are a cosigner?
The loan must be paid off. Until then you are responsible.The loan must be paid off. Until then you are responsible.The loan must be paid off. Until then you are responsible.The loan must be paid off. Until then you are responsible.
How much interest is paid on a 52000 loan if the monthly payments are 450.23 for years?
110,082.80
Can you sue someone who signed a car loan for you and then took the car after it was paid for for 2 years?
No
How much is the interest rate on 14289.00 at 3.5 percent for five years how much will you pay in interest on a loan?
The interest rate is given in the question. It is 3.5%.The amount of interest paid on the loan depends on how much of the loan (if any) is paid back during the period of the loan. If there are no interim payments, the total interest at the end of 5 years is 2681.85 approx.
How long after the borrowers death is the co signer liable on a loan?
Until the loan is paid.Until the loan is paid.Until the loan is paid.Until the loan is paid.
Do you have to pay traffic tickets that's over seven years old?
If you havent paid it by then you could go to jail of course you do read it in youtube
