SOLUTION: Compute the monthly loan payment required to pay off $150,000 dollars at 7% interest over 15 years.
Algebra
->
Customizable Word Problem Solvers
->
Finance
-> SOLUTION: Compute the monthly loan payment required to pay off $150,000 dollars at 7% interest over 15 years.
Log On
Ad:
Over 600 Algebra Word Problems at edhelper.com
Word Problems: Money, Business and Interest
Word
Solvers
Solvers
Lessons
Lessons
Answers archive
Answers
Click here to see ALL problems on Money Word Problems
Question 730523
:
Compute
the
monthly
loan
payment
required
to
pay
off
$150,000
dollars
at
7%
interest
over
15
years.
Answer by
lynnlo(4176)
(
Show Source
):
You can
put this solution on YOUR website!
$473.24