Find the monthly amortization of the loan.​

Suppose a graduate student receives a non-subsidized student loan of $11,000 for each of the 4 years the student pursues a PhD. If the annual interest rate is 3% and the student has a 10-year repayment program, what are the student's monthly payments on the loans after graduation? (Round your answer to the nearest cent.)

You receive a 10-year subsidized student loan of $19,000 at an annual interest rate of 6.8%. What are your monthly loan payments for this loan when you graduate? (Round your answer to the nearest cent.)

Consider a loan of 800,000 which is to be amortized by 60 monthly payments. The interest rate is 12% converted monthly. Find the monthly payment.

Excellent bank has offered you, a GHC 60,000 35year loan to purchase an equipment in your Factory. The loan payments are to be made on monthly basis. The total payment at the end of the thirty five -year period is $ 134,964.00. Determine the effective annual interest rate if the interest is compounded continuously

$ 500 is paid every month for 20 years as a mortgage amount for a cottage. Initially, a downpayment of 5,000 was made. Consider a nominal interest rate set at 6 percent. Consider compounding periods as monthly a) Draw the cash flow diagram b) What is the monthly interest rate? c) What was the purchase price of the cottage?

You plan to take a personal loan of Rs.50,000 at a rate of 12% per annum to buy a computer. The loan is to be paid in 5 equal quarterly installments, the first of which is to be paid at the time of buying and rest four at end of each quarter henceforth. a)What is the installment amount?b)Prepare the amortization schedule.

An engineer wished to purchase an $80,000 home by making a down payment of $20,000 and borrowing the remaining $60,000, which he will repay a monthly basis over the next 30 years. If the bank charges interest at the rate of 9.5% per year, compounded annually, how much money must the engineer repay each month? 504.51 551.40 601.77 610.77

A borrower takes out a 30-year loan for a house worth $250,000. If the annual interest rate is 6%.  What is the future expected loan balance in 12 years?

You borrow 112000 for 10 years from a bank in order to renovate your flat. The effective interest rate charged by the bank is 7.6% per annum. The loan is to be repaid by level annual repayments, paid in arrears. Calculate the annual repayment. Give your answer to two decimal places.