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Christian takes a loan of $15,000 on 7% interest rate. He plans to pay the loan off in full after 2 years how much is his monthly payment?

Christian takes a loan of $15,000 on 7% interest rate. He plans to pay the loan off in full after 2 years how much is his monthly payment?
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20 votes
Christian takes a loan of $15,000 on 7% interest rate. He plans to pay the loan off in full after 2 years how much is his monthly payment?

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User Rauf
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7.9k points

1 Answer

14 votes
His monthly payment is $4,500 in just 2 years
answered
User Mamasi
by
8.3k points
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