Register

Susan took out a personal loan for $3500 at an interest rate of 13% compounded monthly. she made arrangements to pay the loan off in 3 years. what will her monthly payment be?

Susan took out a personal loan for $3500 at an interest rate of 13% compounded monthly. she made arrangements to pay the loan off in 3 years. what will her monthly payment be?
asked 58.0k views
4 votes
Susan took out a personal loan for $3500 at an interest rate of 13% compounded monthly. she made arrangements to pay the loan off in 3 years. what will her monthly payment be?

asked
User Igor Gonak
by
8.3k points

2 Answers

2 votes

Answer:

$93.22

Explanation:

answered
User Tarit Ray
by
7.8k points
7 votes

Answer:

The monthly payment is 117.88.

C)

answered
User Eronn
by
9.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!