Question

If i take a loan 300000 at rate of intrest 0.10% for 6month. How much i paid after 6month

Answer 1

Answer:

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Answer 2

Answer:

Divide your interest rate by the number of payments you'll make that year. If you have a 6 percent interest rate and you make monthly payments, you would divide 0.06 by 12 to get 0.005. Multiply that number by your remaining loan balance to find out how much you'll pay in interest that month.20-Sep-2021