Answer: $32,732.58
Step-by-step explanation:
To calculate the total loan payment over the course of the loan period, use the future value formula:
= Loan amount * (1 + rate) ^ number of years
As this loan is compounded monthly, you need to convert certain terms to monthly figures:
Number of periods = 6 * 12 months = 72 months
Interest = 4.5 / 12 = 0.375%
Total payment:
= 25,000 * ( 1 + 0.375%)⁷²
= $32,732.58
Answer:
don't know answer what is answee
Answer:
you do not have enough information to determine
Answer:
72 years old
Step-by-step explanation:
Renee: 12 x 2 = 24
Tara: 24 x 3 = 72
Answer:
77,700
Step-by-step explanation:
look at 690. since the nine is greater than 5 round to 700
