anand bhau took a house loan on 2,50,000 from a bank at 10 p.c.p.a 45 year for 5 year. what is the yearly interest he must pay and

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1. Answer:

   Calculate:

   Payment

   Amount

   Loan amount:*Enter an amount between $0 and $100,000,000?

   $20,000

   Monthly payment:?

   $401

   Interest rate:*Enter an amount between 0% and 25%?

   7.5%

   Term in months:*Enter an amount between 1 and 480?

   60

   Total interest paid:$4,045.51

   Total payments:$24,045.51

   Balances for a $20,000 loan

   Balances for a $20,000 loan

   Balances for a $20,000 loan

   Step-by-step explanation:

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