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-   -   I need the present value of a loan (https://www.askmehelpdesk.com/showthread.php?t=267977)

  • Oct 10, 2008, 03:55 PM
    candanchris
    I need the present value of a loan
    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?
  • Oct 10, 2008, 05:01 PM
    JudyKayTee
    Quote:

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

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