Mathematics, 27.02.2021 04:50 josephaciaful

To attend the University of Houston Main Campus, the bank agrees to give you $35,000 loan with a 2% simple interest rate for 8 years.
How much will you owe back to the bank?
You have 15 years to payback the loan. How much will your monthly payments?

Answers: 2

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More questions: Mathematics Another questions

To attend the University of Houston Main Campus, the bank agrees to give you $35,000 loan with a 2% simple interest rate for 8 years. How much will you owe back to the bank? You have 15 years to payback the loan. How much will your monthly payments?

Answers

Another question on Mathematics

To attend the University of Houston Main Campus, the bank agrees to give you $35,000 loan with a 2% simple interest rate for 8 years.
How much will you owe back to the bank?
You have 15 years to payback the loan. How much will your monthly payments?