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
Posted: Thu May 19, 2022 6:17 am
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)
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)