Question
Straight bank loan.Right Bank offers EAR loans of 8.85 %and requires a monthly payment on all loans. What is the APR for these monthly loans?
Straight bank loan.Right Bank offers EAR loans of 8.85 %and requires a monthly payment on all loans. What is the APR for these monthly loans? What is the monthly payment for a loan of (a) 250,000 for 5 years, (b)465000 for 14 years, or (c) 1300000 for 31 years?
What is the APR for these monthly loans?(round to 3 decimal places)
What is the monthly payment if a loan is 250000 for 5 years? (round do nearest cent)
What is the monthly payment if a loan is 465000 for 14 years? (round to nearest cent)
What is the monthly payment if a loan is 130000 for 31 years?
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