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  • Loan Analysis Loan Amount 20000 80000 Term (Months) 60 108 Interest Rate 3.4% 4.00% Payment

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    Michelle Thew
    2 views2 pages
    This document analyzes two loan options. The first loan is for $20,000 with a 3.4% interest rate over 60 months resulting in monthly payments of $362.94. The second loan is for $80,000 with a 4% interest rate over 108 months resulting in monthly payments of $883.28.

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    sample

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    ex07_carloan_lesson15

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    This document analyzes two loan options. The first loan is for $20,000 with a 3.4% interest rate over 60 months resulting in monthly payments of $362.94. The second loan is for $80,000 with a 4% interest rate over 108 months resulting in monthly payments of $883.28.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    2 views2 pages

    Loan Analysis Loan Amount 20000 80000 Term (Months) 60 108 Interest Rate 3.4% 4.00% Payment

    Uploaded by

    Michelle Thew
    This document analyzes two loan options. The first loan is for $20,000 with a 3.4% interest rate over 60 months resulting in monthly payments of $362.94. The second loan is for $80,000 with a 4% interest rate over 108 months resulting in monthly payments of $883.28.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Loan Analysis

    Loan Amount 20000 80000


    Term (months) 60 108
    Interest Rate 3.4% 4.00%
    Payment ($362.94) -RM883.28
    Loan Analysis
    Payments
    Down Payment None $405.53
    Interest Rate 8.00%
    Term (months) 60 7.00%
    Loan Amount 20000 7.50%

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