Mathematics
karebearo
6

If I owe $9,985 and plan to pay it in 8 years. How much are my monthly payments

+0
(2) Answers
ssissy

Assuming there is no interest you need to find how many months in 8 years. You would multiple 8*12=96. You now need to divide 9985/96=104.01. To pay off your loan of $9985 in 8 years your monthly payments will be $104.01

blessinglovesgo

8 yrs = 96 mnths So just do 9985/96 around $104.01

Add answer