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A $49,500 new car loan is taken out with the terms 9% APR for 60 months. How much are monthly payments on this loan? ________.
A $49,500 new car loan is taken out with the terms 9% APR for 60 months. How much are monthly payments on this loan? ________.
A pottery factory purchases a continuous belt conveyor kiln for $70,000. A 6.0% APR loan with monthly payments is taken out to purchase the kiln. If the monthly payments are $683.10, how many years will it take for this loan to be paid? ________.
A homeowner has 4 years of monthly payments of $1,400 before she has paid off her house. If the interest rate is 6% APR, what is the remaining balance on her loan? ________.
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