if you have a $450,000 at 9% interest how long would the term need to be in order to make the payments under $9,000 a month
2007-06-11 17:30:15 · 5 answers · asked by VerticalAsymptotes 3 in Science & Mathematics ➔ Mathematics
at 63 months, monthly payment is 8989.02, at 62 months it's 9102.58
2007-06-11 17:38:03 · answer #1 · answered by Philo 7 · 1⤊ 0⤋
About 5 years. ~
2007-06-11 17:38:33 · answer #2 · answered by Anonymous · 1⤊ 0⤋
hi
2007-06-11 17:40:53 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Just over 5 years here is a loan calc. http://www.vlender.com/cgi-bin/calc/simple.cgi?amt=450%2C000.00&int=9&yrs=5.3
2007-06-11 17:40:22 · answer #4 · answered by ? 2 · 1⤊ 0⤋
If you know someone who is a car salesman, ask him. He has a little black book which has all this info. There is a formula for this that I forget,
2007-06-11 17:37:00 · answer #5 · answered by cattbarf 7 · 0⤊ 1⤋