20% of 160,000 is 3,200. Divide that by 72 months you get $44.44 with a never ending stream of 4s. So you can pay $44.44 each month for six years and be 32 cents short, or you can pay $44.45 each month for six years and have 40 cents leftover. I wasn't sure which answer you were looking for so I gave you both. Hope that helps! :)
22000=15000(1+.089/4)^4t
22/15=(1.02225)^4t
log(22/15)=4tlog1.02225
(log(22/15)/4log1.02225)=t
(.16633/.038228)=t
t=4.35 years or 4 years and approximately 4 months
It is 600
u could have just looked it up...