Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. question 19 5 pts using your financial calculator,

Question 19 5 pts Using your financial calculator, calculate the monthly payments to pay off...

80.2K

Verified Solution

Question

Finance

image
Question 19 5 pts Using your financial calculator, calculate the monthly payments to pay off (ending value $0.00) the following loan: $89,961 principal balance, 6.5% annual interest rate, 15 years (180 months). (Choose the closest answer, assume end of month payment) $726 per month O $814 per month Not enough information to calculate. O $783 per month

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Use a 2-step binomial tree to price an american style put option when the current stock...

Chemistry
1.2K views

. What kind of materials properties can be inferred from the shape of the interatomic bonding...

Accounting
1.2K views

25.65% is Google’s Long Term Assets as % of Total Assets 2018. 70.82% is Walmart’s Long Term...

Accounting
1.2K views

Why are tangible assets depreciated? Briefly described two or three depreciation methods and how they work.

Biology
1.2K views

We have to go to war or else we appear to look weak is an...

Physics
1.2K views

A small block of mass m is placed on a plank of equal mass m...

Physics
1.2K views

60 If a particle moves in a circle describing equal angle in equal time then...

Statistics
1.2K views

Assume that 700 births are randomly selected and 360 of the births are girls Use...

Accounting
1.2K views

Current Attempt in Progress Lagasse Corporation's computation of cost of goods sold is:...

Accounting
1.2K views

Exercise 10-12 (Algo) Evaluating New Investments Using Return on Investment (ROI) and Residual...

Accounting
1.2K views

The following information is available for Lock-Safe Company, which produces special-order...

Accounting
1.2K views

Question 18 Not yet answered Marked out of 1 P Flag question Applicant should be...