Question: Tracy is borrowing 8 000 on a six year 11
Tracy is borrowing $ 8,000 on a six- year, 11%, add- on interest loan. What will Tracy’s payments be?
Answer to relevant QuestionsAfter making the down payment, she will finance $ 15,500. Sharon is offered three maturities. On a four- year loan, Sharon will pay $ 371.17 per month. On a five- year loan, Sharon’s monthly payments will be $ 306.99. On a ...Advise the Sampsons on possible loan maturities. Access an online loan payment calculator. Input information to determine the possible monthly car payments for a three- year (36- month) payment period, a four- year (48- ...What is an amortization table? What does each mortgage payment represent? Explain how a weak economy affects the values of homes. If the cost of refinancing their house is $ 3,860, how long would Doug and Lynn have to remain in their home in order to recover the cost? (Ignore any interest on the savings in answering this question.)
Post your question