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Forum: Probability

01-20-2006, 04:01 PM

Replies: 4

Interest calculation, please help

Views: 127

Posted By BruceZ

Re: Interest calculation, please help

[ QUOTE ]
For payments of $402 you will pay it off in 26 months according to this site (http://partners.financenter.com/kiplinger/calculate/us-eng/auto05.fcs) .

Over such a short time frame,...

Forum: Probability

01-20-2006, 03:14 AM

Replies: 4

Interest calculation, please help

Views: 127

Posted By BruceZ

Re: Interest calculation, please help

[ QUOTE ]
If someone loans you $10,000 at 4% interest, and you are to pay 400/mo, how many months are you going to pay. At 0 its 25 months. Assume the normal parameters that a car loan company...

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