3 Answered Questions for the topic Principal And Interest

Principal And Interest

07/18/17

Determine the present value

Determine the present value, P, you must invest to have the future value, A, at simple interest rate r after time t. Round answer to the nearest dollar.A = $621.00, r = 14%, t = 3 months $601.00... more
Principal And Interest

01/30/17

How do I solve for loan amount if I only have the annual interest?

A company took a start up loan at 5% interest. They also took a capital improvement loan for 7% interest.  The start up loan is 8 times bigger than the improvement loan. The interest paid on both... more
Principal And Interest

02/18/14

What percent of monthly payment is the principal and the interest

How do I calculate the principal and interest to makes up a monthly payment?????

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