Calculating Finance Charge and Monthly Payments Using APR Table

Calculating Finance Charge and Monthly Payments Using APR Table

We will use a table to calculate the finance charge on a fixed installment plan. Many people use this type of “loan” to add additions to their house or update appliances, like the example…

You may also like...

5 Responses

  1. toni b says:

    thanks a lot. just found out that my quiz is going to be pushed till Monday
    thank jesus. anyway my quiz and then unit test will be on percentage change
    using the percentage change formula,simple interst formula, percent
    increase and decrease,mortgages,fixed and open installment loans that’s all
    one chpt. shoot me:( im going see if u have videos on this material
    hopefully u do.

  2. toni b says:

    great explanation though

  3. toni b says:

    omg im gunna fail this quiz

  4. Brandon Craft says:

    Good luck none the less Toni!

  5. Brandon Craft says:

    Thanks. I know that problems like these involve all the operations….
    adding somewhere, then multiplying by something, only to subtract something
    else, then divide by another number. I know that can get confusing.

Leave a Reply

Your email address will not be published. Required fields are marked *