How do I calculate my loan payments using simple or compound interest?
How do we work out my loan payments regulating elementary or devalue interest?
I borrowed income from grandfather this past division for college tuition. It is right away time to begin profitable behind upon a loan. For a subsequent 3 years, my grandfather wants me to compensate a seductiveness which accumulates upon a loan each 6 months. The seductiveness rate is 5.5% , n we am not certain if this is ostensible to be distributed with elementary or devalue interest. The volume of a loan is $ 4,000.00. we was wondering if any one could assistance me work out my payments in conditions of both elementary n devalue interest? Thank you
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