The guy obtained a good step three 12 months financing at mortgage out-of eight

The guy obtained a good step three 12 months financing at mortgage out-of eight

Carl bought a special automatic washer and you will more dry at the an entire rates off $3800. The guy generated a downpayment regarding $1500 and you may acquired a two seasons mortgage to your left matter on an interest rate out-of six.2%. Their monthly payments could be $ more than a couple of years.

Recommend back to the acquisition out of a tv to possess $4000. The customer agrees to a beneficial cuatro year name within a destination rates away from 4.5%. a) Utilize the formula to select the monthly repayment fee b) Influence the complete payments

A dining table put is paid for having $5600. The purchase is funded with a beneficial 3 season loan on a keen interest rate from a dozen.5%. a) Make use of the formula to select the monthly fees commission b) Influence the complete installments.

Paul purchased a home activity program within a complete price of $6000. 5%. Leer Más