Ask Question
15 June, 13:24

If you borrow $1,000 and agree to repay the loan in five equal annual payments at an interest rate of 12%, what will your payment be?

+4
Answers (1)
  1. 15 June, 13:30
    0
    I believe it's $83 per month
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If you borrow $1,000 and agree to repay the loan in five equal annual payments at an interest rate of 12%, what will your payment be? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers