answersLogoWhite

0


Best Answer

Assuming 6.5% refers to the annual interest rate, the monthly interest is 111.04 approx.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is monthly interest if balance is 20500 at interest rate of 6.5 percent?
Write your answer...
Submit
Still have questions?
magnify glass
imp