$350 000 loan, $3 000 000 monthly repayments... (1 Viewer)

[Daikaio]

Anyone else get that as an answer? XD

 

[SophJI]

oh no way

it wasn't a clear answer like that
i got like 338 400 can't remenber the exact numbers
i think im wrong

 

[blackratpoo]

2,270.31 for ii)

 

[mR sinister]

hmm... well i didnt get exactly 3 milliion...
but i got something around $346 7000 cant remember exactly but it was in the 3 mills.

i used the formula
A= p ( 1 + r/100 ) ^n -M


where r u divide by 12 since its in monthly payements.
And also you times n by twelve which was 300 monthly payments.

and M was $2937 i think by memory

 

[daniieee]

2,270.31 for ii)

Yeah same. That number stuck with me for some reason lol.

and M was $2937 i think by memory

I got that for M too. Now stop worrying and focus on what's left to do lol.

 

[tashisthebest]

Yeah same. That number stuck with me for some reason lol.


I got that for M too. Now stop worrying and focus on what's left to do lol.

i agree, i am kinda over every1 stressin out over if they were right or wrong. It dosent matter casue u cant change anythin.

 

[robm]

Anyone else get that as an answer? XD

haha yeah i got in the millions and was like wtf? that cant be right. That whole financial question stuffed me up big time

 

[mR sinister]

ROB

that's enough get off BOS LoL !

everytime i post you reply like 2min later ..

nah jkks, i can see your anxious about your marks.

 

[robm]

ROB

that's enough get off BOS LoL !

everytime i post you reply like 2min later ..

nah jkks, i can see your anxious about your marks.

haha lol coming from the guy who created two threads and commented 9 times in every other thread, it seems like you should get off bos lol