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Finance 18 Online
OpenStudy (anonymous):

HELP!!! please!!! 1. Answer the question below using the following amortization table. What is the regular monthly payment? a. $417.32 b. $958.50 c. $1372.62 D. $1789.95

OpenStudy (anonymous):

Table for question. Month Principal paid Interest paid Balance 21 $406.58 $1,383.37 $185,571.28 22 $409.60 $1,380.34 $185,161.67 23 $412.65 $1,377.29 $184,749.02 24 $415.72 $1,374.22 $184,333.30 25 $418.81 $1,371.13 $183,914.49

OpenStudy (anonymous):

what do you think @Desifaith

OpenStudy (anonymous):

I have no idea! I don't even understand what any of this is saying

OpenStudy (anonymous):

try your best have faith which is in your name lol xD

OpenStudy (anonymous):

Haha it is my middle name actually.... :P do you understand it? I need help with understanding it. I don't want the answer given to me, I need help like being shown what to do.

OpenStudy (anonymous):

i don't understand the quesion either im very sorry

OpenStudy (anonymous):

oh its ok. do you know of anyone who might?

OpenStudy (anonymous):

i do

OpenStudy (anonymous):

Can you help me?

OpenStudy (anonymous):

yeah if you forgive me

OpenStudy (anonymous):

Ok.. I forgive you.

OpenStudy (anonymous):

if it was a day 19.36 dollars per day

OpenStudy (anonymous):

I don't understand....

OpenStudy (anonymous):

:)

OpenStudy (anonymous):

Do I need to multiply 19.36 by something?

OpenStudy (anonymous):

$406.58 divided by 21

OpenStudy (anonymous):

you do that all the way down then add those up

OpenStudy (anonymous):

Oh ok... brb I am going to do that real fast.

OpenStudy (anonymous):

good

OpenStudy (anonymous):

I got 89.99, but that isn't an answer choice.

OpenStudy (anonymous):

we know its not going to be a

OpenStudy (anonymous):

how do we know that?

OpenStudy (anonymous):

well um... cuz for 25 its 418

OpenStudy (anonymous):

Oh ok. That makes since. So how do I find the monthly payment?

OpenStudy (anonymous):

oh sense

OpenStudy (anonymous):

lol ya I am on the Ipad for this and it autocorrects like everything.

OpenStudy (anonymous):

ummm i got b

OpenStudy (anonymous):

Oh ok. Thank you... do you think you could help me with another question?

OpenStudy (anonymous):

sure i mean i did be rude to you

OpenStudy (anonymous):

Its ok... I am used to it.

OpenStudy (anonymous):

Mandy obtains a $155,000 20/6 balloon mortgage with a rate of 4.25%. What will her monthly payments be? a. $959.81 b. $1044.46 c. $1110.47 d. $1225.74

OpenStudy (anonymous):

sorry i got banned from the rp kingdom

OpenStudy (anonymous):

ummmm a

OpenStudy (anonymous):

the rp kingdom? idk what that is. and sorry I was helping my mom real fast.

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