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Mathematics
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OpenStudy (anonymous):
Can someone check my answer please??
Answer the question below using the following amortization table. What is the regular monthly payment?
$417.32
$958.50 <---- My answer
$1372.62
$1789.95
11 years ago
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OpenStudy (elonasushchik):
i think its correct!1
11 years ago
OpenStudy (anonymous):
Heres the table.
| 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
11 years ago
OpenStudy (nothingwasthesame):
yea i think ur right
11 years ago
OpenStudy (anonymous):
Yay! Thank you!@ElonaSushchik @nothingwasthesame
11 years ago
OpenStudy (elonasushchik):
yay i get mead?! tx
11 years ago
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OpenStudy (nothingwasthesame):
me too please :D
11 years ago
OpenStudy (anonymous):
It was wrong.
11 years ago
OpenStudy (elonasushchik):
i waz first thx!!
11 years ago
OpenStudy (nothingwasthesame):
oh :( 1372.62 seems to be the answer when i do it over again sorry :( please forgive
11 years ago
OpenStudy (anonymous):
That one is wrong too.
11 years ago
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OpenStudy (nothingwasthesame):
wait let me get pen and paper instead of my head
11 years ago
OpenStudy (anonymous):
Its already finished. Thanks tho.
11 years ago
OpenStudy (nothingwasthesame):
ok sorry :(
11 years ago
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