The loan amount is $6,365.00 over 36 months at 4.82%.
How much are the monthly payments?
I loaned some money for a car and need to know how much she has to pay me a month.
2007-05-02 13:33:33 · 6 answers · asked by happydawg 6 in Business & Finance ➔ Credit
$185.33 a month.
2007-05-02 13:41:35 · answer #1 · answered by Anonymous · 0⤊ 0⤋
A loan for $6,365.00 over 36 months with an interest rate of 4.82% would make a fixed payment of $190.25.
2007-05-02 21:02:52 · answer #2 · answered by Ryan H 2 · 0⤊ 0⤋
Payment would be 190.25 for 36 months.
2007-05-02 20:46:12 · answer #3 · answered by B F 2 · 0⤊ 0⤋
Yes, $190.25/month is correct for monthly compounding.
2007-05-02 21:02:22 · answer #4 · answered by Michaelsgdec 5 · 0⤊ 0⤋
http://www.bankrate.com/brm/auto-loan-calculator.asp
2007-05-02 20:41:12 · answer #5 · answered by Anonymous · 0⤊ 0⤋
$190.25/month
2007-05-02 20:42:04 · answer #6 · answered by Anonymous · 0⤊ 0⤋