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candanchris
Oct 10, 2008, 03:55 PM
I have an outstanding loan with a principle balance of $263,168. There are 99 monthly payments left on the loan with an interest rate of 8%. The monthly payments include principle and interest and are $3639.83 each.

What is the present value of the loan and how is it calculated?

JudyKayTee
Oct 10, 2008, 05:01 PM
I have an outstanding loan with a principle balance of $263,168. There are 99 monthly payments left on the loan with an interest rate of 8%. The monthly payments include principle and interest and are $3639.83 each.

What is the present value of the loan and how is it calculated?


Is this your personal problem or homework?

There is a homework board.

candanchris
Oct 10, 2008, 05:05 PM
I'm 49 years old -- it's definitely a personal question. I'm valuing property for my divorce.