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Derek borrows $294,313.00 to buy a house. He has a 30-year mortgage with a rate of 5.87%. After making 126.00 payments, how much does he
Derek borrows $294,313.00 to buy a house. He has a 30-year mortgage with a rate of 5.87%. After making 126.00 payments, how much does he owe on the mortgage?
Derek borrows $42,453.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 6.33%. What will the payments be?
Derek borrows $33,200.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 6.35%. After a 14.00 months Derek decides to pay off his car loan. How much must he give the bank?
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