Ask Question
9 November, 04:57

Trey is taking a loan for $85,000. It is a 20-year loan with an APR of 5.85%. What will his monthly payment be?

+3
Answers (1)
  1. 9 November, 06:58
    0
    85,000: ((1 - (1+0.0585:12) ^ (-12*20)) : (0.0585:12)) = 601.63
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Trey is taking a loan for $85,000. It is a 20-year loan with an APR of 5.85%. What will his monthly payment be? ...” 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