Mathematics, 08.02.2021 01:00 andrewhayward

To help pay for culinary school, bob borrowed money from an online lending company. He took out a personal, amortized loan for$ 50,000, at an interest rate of 5.35% with monthly payment for his term of 20 years. A.

Find Bob ‘s monthly payment

B.

If Bob is the monthly payment each month for low water find his total amount to repay the loan.

C.

If Bob pays the monthly payment each month for the full term find the total amount of interest he will pay.

Answers: 2

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To help pay for culinary school, bob borrowed money from an online lending company. He took out a pe...