document.write( "Question 618158: Trying to figure out to solve amortization on a $9000 loan @ 6.99% for a period of 5y. So far none of my answers match what is coming out using the online calculators. \n" ); document.write( "
Algebra.Com's Answer #388731 by solver91311(24713) You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It depends on the compounding period, usually the same as the periodicity of the payments. Best way to do this is to use Excel. Write back and I'll show you.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |