document.write( "Question 1200913: What monthly payment is required to amortize a loan of $50,000 over 10 years if interest at the rate of 6%/year is charged on the unpaid balance and interest calculations are made at the end of each month? (Round your answer to the nearest cent.) \n" ); document.write( "
Algebra.Com's Answer #835950 by MathTherapy(10555)\"\" \"About 
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document.write( "What monthly payment is required to amortize a loan of $50,000 over 10 years if interest at the rate of 6%/year is charged on the unpaid balance and interest calculations are made at the end of each month? (Round your answer to the nearest cent.)\r\n" );
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document.write( "Correct answer: $555.10
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