Question
I took out a amortized loan for school for 49,500 with a interest rate of 6.85% as well as monthly payments for 6 years. What
What will my monthly payment end up being?
If I pay the monthly payment on time, each month for 6 years, what is my total amount to repay the loan?
If I pay the monthly payment on time, each month for 6 years, what is my total interest I will pay?
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Intermediate Accounting Volume 1
Authors: Thomas H. Beechy, Joan E. Conrod, Elizabeth Farrell, Ingrid McLeod Dick
7th Edition
1260306747, 978-1260306743
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