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Evan and Jane Evan wants to marry his girlfriend Jane. Jane will not get married until she and her future husband are able to move
Evan and Jane
Evan wants to marry his girlfriend Jane. Jane will not get married until she and her future husband are able to move into their own house. Evan goes to apply for a home loan, and finds out that he cannot qualify for a loan until he has paid his student loans down to $
Evan and Jane eventually buy a house, but he gets tire of her. Evan leaves Jane and the house, and opens a metal fetish night club.
One night Jane gets fed up with the noise from the Metal Fetish Club, and goes to complain to its manager. Once inside, she realizes that she likes the place and decides to invest.
Jane and Evan meet at the club and fall back into love. They decide to open their own club in the nearest college town. They take out a loan to buy a building that costs $ They qualify for a special interest rate compounded monthly, with monthly payments. How much must they pay on their loan each month?
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