terryannanderso terryannanderso

10-07-2018
Business

contestada

borrowing a $15,000 Loan in 5 years with an interest rate of 4.49% how much will I pay monthly

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colinheatherman colinheatherman

10-07-2018

You will pay $282 monthly I believe.

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philipscaster83 philipscaster83

10-07-2018

[tex]PMT = 15000 divided by \frac{1-(1+ \frac{0.0449}{12months})^{-12*5} }{ \frac{0.0449}{12} } [/tex]

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