answersLogoWhite

0

That means two payments per month.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Alternative Payment Frequencies?

Alternative Payment Frequencies Use this calculator to determine your payment or loan amount for different payment frequencies. You can make payments weekly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi-annually or annually. You can then examine your principal balances by payment, total of all payments made, and total interest paid.


What semi monthly payroll means?

Semi Monthly payroll means you get paid twice a month - most common semi monthly payrolls are every 5th and 20th.


How does the down payment affect the monthly payment amount when purchasing a car?

The down payment on a car reduces the amount of money you need to borrow, which can lower your monthly payment amount. A larger down payment typically results in a smaller monthly payment, while a smaller down payment usually leads to a higher monthly payment.


Which term is defined as the payment an insured makes to the insurance company on a regular schedual?

that is the insurance premium (can be monthly, quarterly, semi-annual or annual premium).


What can semi monthly be used to qualify?

Semi-monthly is a term that is usually used to describe half a month. For example, if a person were paid semi-monthly then they would be paid twice a month.


Monthly payment on 217000 30yrs at 4.5 percent What would the monthly payment be?

Want to know what our monthly house payment will be owing 217000.00 on a 30 year loan at 4.5%


What is the payment name for the monthly amount due for rent?

The payment name for the monthly amount due for rent is called "rent payment."


What is mode of premium payment?

This means at what interval do you want to pay your premiums. example, monthly, quarterly , semi-annual(2 x a year) or annually(once a year)


What does monthly periodic payment means?

a monthly periodic payment is a payment made each month at a specific time each month. This can either be a payment made to an individual such as an annuity payment, or a payment made from an individual such as a loan payment.


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.


When you pay the full payment of a phone do you have to pay the monthly payment too?

If you want service you will pay a monthly bill.


How can I calculate the monthly payment with APR?

To calculate the monthly payment with APR, you can use the formula for loan payments: Monthly Payment P r(1r)n / (1r)n - 1 Where: P Principal loan amount r Monthly interest rate (APR divided by 12) n Number of monthly payments Plug in these values into the formula to find the monthly payment amount.