Ask Question
27 July, 14:14

A $200,000 loan is to be repaid over 20 years in equal monthly installments of

+2
Answers (1)
  1. 27 July, 17:38
    0
    There are 12 months in 1 yr ... so in 20 years, there are (20 x 12) = 240 months.

    200,000 / 240 = 833.33 per month
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A $200,000 loan is to be repaid over 20 years in equal monthly installments of ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers