SOLUTION: IF I WANTED TO PAYOFF DEBT AND IT AMOUNTED TO 8596. HOW MUCH WILL MY MONTHLY PAYMENT BE IF I WANTED TO PAYOFF IN A YEAR

SOLUTION: IF I WANTED TO PAYOFF DEBT AND IT AMOUNTED TO 8596. HOW MUCH WILL MY MONTHLY PAYMENT BE IF I WANTED TO PAYOFF IN A YEAR

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Question 717743: IF I WANTED TO PAYOFF DEBT AND IT AMOUNTED TO 8596. HOW MUCH WILL MY MONTHLY PAYMENT BE IF I WANTED TO PAYOFF IN A YEAR
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
If you want to pay off $8596 in 12 months, then you would need to make a monthly payment of 8596/12 = 716.333333... = 716.34 dollars (round up) per month.
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