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Well there are 12 months in a year, so if you pay 500 a month you will be paying 6000 a year.
58000/6000 = 9.7 years.
This amount sounds like a home loan. I looked at the bankrate website, and you would pay $443/month for a 15 year loan, including interest. The interest rate for today was 4.5, which would vary depending on your FICO score. There are other calculators on the site, which may be helpful.
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What builds credit faster paying the monthy minimum or in full?
Paying your bills in full is always better than paying the minimum monthly payment. When you are paying your minimum monthly payment your balance continues to grow because you continue to shop and the interest continues to be add-on and it will take years and years to pay off. (by law, the bill will show how long it will take to pay your bills, if you are paying the minimum monthly payment). That is how people get overly in debt and high balances affect your credit score. my advise is: treat credit cards as a replacement of cash, (to take advantage of the rewards/benefits of the card), NOT AS A FAST LOAN.
What will be the monthly amount to be paid if i take a loan of KD 1 million at 3.5 interest rate for 5 years?
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Are there any visa cards that dont charge a monthly fee for service?
Many visa cards charge a monthly access fee. You have to read the fine print on the application to know before you apply for the card. Also, Many companies will wave the fee if you threaten to take your business elsewhere.
How many years does it take to be a park ranger?
fuljm]-y
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3 years.
How many years will it take an investment to triple at 8 percent interest compounded monthly?
At 8% per month, compounded, it will take just 1.2 years. However, with monthly interest such that its annual compounded equivalent is 8% (roughly 0.64% each month), it will take 14.27 years.
How many months would it take to save 10300 at 4.2 percent compounded monthly with 110 monthly deposits?
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How many years does it take to grow a pineapple plant?
How many years does it take to grow a pineapple
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"How many years does it take to become a chemotherapist?"
How many years does it take to become a cytopathologist?
How many years does it take to become a cytopathologist?
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It would take hundreds of years.
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When you take out a loan to buy a vehicle, you will be asked to make monthly payments for a certain number of years. At the end of that time you will own the vehicle. When you lease a vehicle, you make monthly payments for a certain number of years and then you give the automobile back to the dealer.
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10 years
How many years does it take to get a MD?
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How many years does it take to be vet?
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Converting semi monthly to hourly rate?
Take the semi-monthly rate and multiply by 12 to get the annual rate. Then take the annual rate and divide by 2080. To veryify your answer, take the hourly rate you just calculated and multiply by 86.67 and see how close you come back to the semi-monthly rate. Or, you can take the semi-monthly rate and divide by 86.67 (average hours in semi-monthly pay period) to get an hourly rate.
How many years does it take to become a Recreational Therapist?
it will take about 7 to 8 years
