If that's 16%, the total would be 24000 x 1.16 = 27840
12000 plus 12000 equals 24000.
24000 + 15.5% = 24000 x (1 + (15.5/100)) = 27720
23000 + 1000 = 24000
Since a is added 5 times, you would say that a plus a plus a plus a plus a = 5a.
16% of 24,000 is 3840 Therefore: 24,000 + 3,840 = 27,840
You would possibly want to consolidate a PLUS loan because it will lower the monthly payment. You many also want to consolidate a PLUS loan because it will allow you to switch from variable interest rates to a fixed interest rate.
Typically, this is called "Principle and Interest" (or P&I). If the taxes and insurance is added to this, it is known as PITI. The actual amount depends on many factors, including the principle amount, the interest rate, and the length of the loan.
Typically, this is called "Principle and Interest" (or P&I). If the taxes and insurance is added to this, it is known as PITI. The actual amount depends on many factors, including the principle amount, the interest rate, and the length of the loan.
25'912 cash plus 29913 interest deposit or 18608 cash plus 37200 interest deposit
If you can, pay interest during your grace period or periods of deferment/forbearance to avoid having interest capitalized (added to your principal) on unsubsidized loans, PLUS loans, and subsidized loans that have lost interest subsidy. Outstanding Balance1: $26,830 Interest Rate: 6.8 %
15840 interest deposit plus 36250 cash is greater.
my Question is which has greater value? $52.565 cash plus $33.455 interest deposit or $33.999 cash plus $44925 interest deposit