Answer to: Calculate the monthly payment for a loan of $9,500 with a 12% interest rate compounded monthly over a period of 5 years. By signing up,...
Calculate the monthly payment for a loan using our simple loan calculator by entering the principal, interest rate, and term below. Simple AdvancedLoan Amount: $ Interest Rate: % find rate Loan Term: Monthly Payment: $97.83 Total Interest: $869.85 Total Payments: $5,869.85 This ...
A bank charges interest on loans to make a profit. When you take out a loan, you need to calculate how much you will have to pay each month in order to pay off the loan by the end of the loan term. The formula for calculating the loan payment requires you to know how much you ...
Calculate the result of Step 2 to the negative T power, where T is the number of times you will make a payment over the term of the loan. For example, if you were going to repay the loan in 36 monthly payments, T would be 36. Continuing the example, you would raise 1.008 to the...
In order to calculate the monthly payments on your loan, the bank adds the interest to the ___ and divides the total by the number of months.A.tenureB.principalC.charge accountD.duration的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是专业
How to Calculate the Monthly Payment for a Loan Personal Finance How Do I Manually Calculate an Auto Loan? Personal Finance How to Calculate Mortgage Payments on a Financial Calculator N= –[ln(1 – [(PV*i) /PMT_] ) / ln(1 + _i)] ...
The monthly loan repayment amount is returned. How to Calculate Monthly Mortgage Payment in Excel? Enter the following formula in cell C10 to calculate the monthly payment on a mortgage: =PMT((C9/12,C8*12,C7) Press Enter to return the monthly EMI to repay the mortgage loan. How to Cal...
2 Before ___ a loan ___, calculate (核算) your monthly costs. A.taking; off B.taking; away C.taking; out D.taking; over 3【题文】Before ___ a loan ___, calculate (核算) your monthly costs.A.taking; offB.taking; awayC.taking; outD.taking; over 4 Before ___ a loa...
Before ___ a loan ___, calculate (核算) your monthly costs. A.taking; offB.taking; away C.taking; outD.taking; over 试题答案 在线课程 C 试题分析:考察动词短语辨析。Take off脱掉,起飞,成功,受欢迎;take away拿走,夺走;take out取得,获得(贷款,执照,保单);take over接管;句意:在你取得贷款...
access to the Internet. The formula to calculate a mortgage is M = P [(R/12)(1 + (R/12))^n ] / [ (1 + (R/12))^n - 1], where M = the monthly payment, P = the principal on the loan, R = the annual interest rate, and n = the number of months to pay off loan. ...