Business in math? Hello everyone, I doing a little assignment for school and need a little help with it. I doing a small Business loan.
1. The amount of the small Business load, let say it $ 500,000
2. The interest rate of the load, let say it 7%, so might be 35,000 if I right? If this not right let me and show me the right way.
3. The amount of the monthly payment if I wanted to pay it off in ten years? I need help with this one here.
4. The amount of the monthly payment if I wanted to pay it off in twenty years? I need help with this here.
5. The amount of the monthly payment if I wanted to pay it off in ten years, and the interest rate went up by 2% after five year? I need help with this a lot here.
6. How can i use the calculations used in determining these payment?
7. How the percentages was use in the calculations?
8. And how the ratios and Proportions was use in the Calculation?
Who ever can help me with the problem, I having here, I make sure to give 5 rate star and best answer to the person that show me the right way here.
1. The amount of the small Business load, let say it $ 500,000
2. The interest rate of the load, let say it 7%, so might be 35,000 if I right? If this not right let me and show me the right way.
3. The amount of the monthly payment if I wanted to pay it off in ten years? I need help with this one here.
4. The amount of the monthly payment if I wanted to pay it off in twenty years? I need help with this here.
5. The amount of the monthly payment if I wanted to pay it off in ten years, and the interest rate went up by 2% after five year? I need help with this a lot here.
6. How can i use the calculations used in determining these payment?
7. How the percentages was use in the calculations?
8. And how the ratios and Proportions was use in the Calculation?
Who ever can help me with the problem, I having here, I make sure to give 5 rate star and best answer to the person that show me the right way here.