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    cafe59 Posts: 1, Reputation: 1
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    #1

    Jan 28, 2011, 07:56 AM
    How to calculate, 5% of 2000.000 in monthly and, how much will be?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    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.
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