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How to calculate, 5% of 2000.000 in monthly and, how much will be?
cafe59
Jan 28, 2011, 07:56 AM
ebaines
Jan 28, 2011, 08:06 AM
If you're asking how to calculate the monthly payment on a loan of $2000 at 5%, we also need to know the duration of the loan. A 5-year loan will have a higher monthly payment than a 30-year loan.