Can someone help me out? Thanks will rate.

Question

anonymous · Answer

attachment

anonymous · Answer

ok so you just need help with the rounding?

anonymous · Answer

@nslesin do you still need help?

anonymous · Answer

Yes please

anonymous · Answer

It says find total amount paid for each option...

anonymous · Answer

yes, but you only need help for the rounding part.

anonymous · Answer

do i multiply each one my 12 and then the number of years?

anonymous · Answer

I found the monthly payment and it then asks the total payment so I multiply it by 12 for years then by the number of years right?

anonymous · Answer

On the attachment there is two answers is that what you did to get that?

anonymous · Answer

no I figured out the monthly payments though the PMT formula.... but now i need total payments for each option

anonymous · Answer

ok for that you have to round to the nearest dollar. you dont have to multiply any thing

anonymous · Answer

i already found the monthly payment for each option... but now i need to find total payment for each option

anonymous · Answer

so for loan 1 you will get 1450 and for loan and for loan 2 it will be 1770.

anonymous · Answer

do you know how i got that?