What is the yearly interest payment on an interest only loan if the loan is 14 years long and has a 6% interest rate on

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answerhappygod
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What is the yearly interest payment on an interest only loan if the loan is 14 years long and has a 6% interest rate on

Post by answerhappygod »

What is the yearly interest payment on an interest only loan if
the loan is 14 years long and has a 6% interest rate on a prinicpal
of 2,000? (Please use at least 5 decimal places and do not use $
symbol in the answer)
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