on 22nd February, 11pm
Ricky Ford
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Monthly Loan question

Compute monthly payment for 36 month loan at 5.34%

 
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on 23rd February, 12am
Gloria Katherine
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Monthly payment for 36 month loan at 5.34% =

PW( R 36 (R - 1)/(R 36 -1)        PW is present worth   

R = 1 + 5.34/1200 = 1.00445

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