7 months
Chat with our AI personalities
monthly means that it continues one month at a time
Assuming the annual equivalent interest rate is 4.2%, it will take just over 81 months = 6 years + 9 months.
$492.25
To find the monthly amount of 18,000 over 12 months, you can divide 18,000 by 12. This results in 1,500. Therefore, 18,000 distributed evenly over 12 months is 1,500 per month.
763.89