Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mark borrowed $12,354 to help pay for expenses. if

Mark borrowed $12,354 to help pay for expenses. If the loan carries an annual interest...

90.2K

Verified Solution

Question

Accounting

Mark borrowed $12,354 to help pay for expenses. If the loan carries an annual interest rate of 3.9% and he wants to be debt free in 3 years by making monthly payments, how much will each payment be? Round your answer to the nearest dollar.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Using the effective-interest amortization methodOn December 31, 2018, when the market interest rate is...

Accounting
Q

What are your thoughts on Peter Singer's approach to non-humans and his distinctions between persons and...

Psychology
Q

write an essay about drones(unmanned) vs manned aircraft. in the essay make sure we talk about...

General Management
Q

Controlled burning is the intentional introduction of light fires into forest regions What is the...

Biology
Q

uestion 10 Points 2 Which of these is NOT among the theories on the origins...

Biology
Q

Park rangers released 4 fish into a pond in year 0 Each year there were...

Basic Math
Q

Find the sum and product of the root for the quadratic equatior x 2 3x...

Calculus
Q

How many liters each of a 20 acid solution and a 70 acid solution must...

Algebra
Q

Critical Appraisal of Controlled foreign Company from Anti tax avoidance directive 2016.

Accounting
Q

image

Accounting
Q

Question Five...

Accounting
Q

(I dropped down the possible options to fill in the general journal spots.) Required...

Accounting