answersLogoWhite

0

PV = $1,783.53

=PV(5%,5,50,2000,0)

PV( interest_rate, number_payments, payment, FV, Type )

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What is the yearly interest payment on a 32500 loan having an interest rate of 7 percent calculate as simple interest?

32500 is 325 "hundreds" so 7 times that ie 2275 is your annual interest.


What is the monthly interest payment on 300.000 loan for 1 year at 3 percent per month?

To calculate the monthly interest payment on a $300,000 loan at a 3% monthly interest rate, you multiply the loan amount by the interest rate. The calculation is $300,000 x 0.03 = $9,000. Therefore, the monthly interest payment would be $9,000.


What is the payment on 435000.00 at 6 percent interest for 15 years?

The payment will be $3,670.78 per month.


What is monthly interest payment on a 10000 loan for 5 years at 12 percent interest?

The monthly interest is 100.


What is monthly interest payment on a 10000 loan for 5 years at 9.5 percent interest?

79.17


What is monthly interest payment on a 12000 loan for 5 years at 9.5 percent interest?

95


What is the monthly payment on a loan of 20000 for 5 years at 5 percent interest?

5 percent


What is the approximate principal and interest payment on a loan of 118000 at 9.25 percent for 30 years having an interest rate factor of 8.23?

To calculate the monthly payment for a loan of $118,000 at an interest rate of 9.25% over 30 years, you can use the interest rate factor. Multiplying the loan amount by the interest rate factor gives: $118,000 * 0.00823 = approximately $970.14. Thus, the approximate monthly principal and interest payment would be around $970.14.


What is the monthly interest payment on 5 thousand dollars borrowed against a credit card with 12.9 percent APR?

Multiply the principle by 1/12 of the interest to calculate how much interest you pay for that moth. Ex: 1/12 of 12.9% = 1.075% (same as .01075). 5000 X .01075 = 53.75 interest to pay for that month. Hence, the first 53.75 of your first payment is for interest alone.


How much is 3 percent interest on 6000?

To calculate 3 percent interest on $6,000, multiply $6,000 by 0.03. This equals $180. Therefore, 3 percent interest on $6,000 is $180.


What is the Average penalty interest rate for cardholders who miss a payment?

25 percent


Draw a flow chart to calculate simple interest with 10 percent rate if time is greater than 2 yrs otherwise calculate simple interest with 5 percent?

Draw a flow chart to calculate simple interest with 10% rate if time is greater than 2 yrs otherwise calculate simple interest with 5%.