A debt of $40 000 is to be repaid in installments due at the end of each month for seven years. If the payments are deferred for three years and interest is 7% compounded quarterly, what is the size of the monthly payments?

An 11.9 percent add on loan is to be repaid in monthly installments over three years.  The total amount borrowed was $29,000.  How much is the monthly payment?

The 12% add on loan is to be repaid in monthly installments over 2 years.  The amount borrowed was $5400.  How much is the monthly payment?

$10,000 is borrowed at 10% a year interest for five years. At the end of each year, the borrower pays a fixed amount of $2368. Solve for the yearly payment AND the remainingprinciple at the end of each year. Also, determine the total payment made over the 5 years.

A debt of $10,000 with interest at 8% compounded quarterly is to be repaid by equal payments atthe end of every three months for two years.a) Calculate the size of the monthly payments.

An amount of $34,000 is borrowed for 7 years at 3.75% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?

A loan of $ 7000 is to be repaid in 46 equal monthly installments with the first one paid seven months after the loan is made. The nominal annual interest rate is 8 % compounded quarterly. Determine the amount of the monthly payment