3 years ago

Ellis Klein borrows $2,000 at an annual interest rate of 7.2% for two years. Calculate his monthly payments.

1 answer:

3 0

$89.73

You will need to pay $89.73 every month for 2 years to payoff the debt.Monthly Payment: $89.73
Time to Pay Clear: 2.00 years
Total of 24 Payments: $2,153.44
Total Interest: $153.44

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