Please answer with details on how to do it. Thank you.  A company borrows $ 100,000 today at 6 % nominal annual interest compounded monthly.  Find the monthly payment Amount, if the loan has to be paid in 6 years.

You have taken out a 20-year loan of $72,000 with 3% interest (APR) compounded monthly and with monthly payments. Calculate the amount of your second principal payment. Round your final answer to one decimal place.

A finance company uses the discount method of calculating interest. The loan principal is $5,000, the interest rate is 10%, and repayment is expected in two years. You will receive

Using the Add-On Method, calculate the monthly payment for a $ 8,500 loan that is borrowed for 3 years at an interest rate of 4%

Suppose you borrow $14,000. The interest rate is 11%, and it requires 4 equal end-of-year payments. Set up an amortization schedule that shows the annual payments, interest payments, principal repayments, and beginning and ending loan balances. Round your answers to the nearest cent. If your answer is zero, enter "0".     Beginning     Repayment Ending Year Balance Payment Interest of Principal Balance 1 $  fill in the blank 60 $  fill in the blank 61 $  fill in the blank 62 $  fill in the blank 63 $  fill in the blank 64 2 $  fill in the blank 65 $  fill in the blank 66 $  fill in the blank 67 $  fill in the blank 68 $  fill in the blank 69 3 $  fill in the blank 70 $  fill in the blank 71 $  fill in the blank 72 $  fill in the blank 73 $  fill in the blank 74 4 $  fill in the blank 75 $  fill in the blank 76 $  fill in the blank 77 $  fill in the blank 78 $  fill in the blank 79

You have taken out a 30-year loan of $55,000 with 6% interest (APR) compounded monthly and with monthly payments. Calculate the amount of your second principal payment. Round your final answer to one decimal place.

Use Excel to calculate the total interest on a $896,861 loan for a small business making monthly payments with an interest rate of 4% over 30 years. Round your answer to the nearest hundredth. Enter your answer as a positive number.

Find the interest paid on a 30-year loan of $350,000 at an annual interest rate of 6% compoundedmonthly. Assume that you made monthly payments for the full 30 years.

1) A 20-year loan of $1,100 at an effective annual interest rate of 7% is repaid with payments at the end of each year. Each of the first ten payments equals 150% of the amount of interest due. Immediately after the tenth payment, you take out a 10 year loan with payments $100 at the end of each year and effective annual interest rate of i and use this loan to pay off your original loan. Find i.

A borrower had a loan of $70,000.00 at 6% compounded annually, with 8 annual payments. Suppose the borrower paid off the loan after 4 years. Calculate the amount needed to pay off the loan.   The amount needed to pay off this loan after 4 years is $ ___ (Round to the nearest cent as​ needed.)   thank you