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What would be the balance of 13,000.00 at 6% interest for 4 years?

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What would be the balance of 13,000.00 at 6% interest for 4 years?

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  1. This would give a payment schedule of $305.31 a month for 48 months, resulting in a total of $14,654.66 being repaid.  Hope that helps...


  2. i believe the answer is 16,120.00.  

  3. If it's in a savings account, and it compounded monthly, it would be worth

    $16,516.36 in four years.
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