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4 Bumps

How much of interest is 4% per month on a 236.16 monthly bill?

The total was 14,000 but I gave 6,000 down and right now i'm pending 5,971 dollars to be done paying it, but by March of next year when I get my income tax I want to give whats left of the balance to finish quicker so it can be less interest so from here to March of 2011 will it be 181 dollars of interest? Or how much per month so I can do calculations?

 
Anonymous

Asked by Anonymous at 7:22 PM on Oct. 1, 2010 in Money & Work

This question is closed.
Answers (5)
  • 9.4464   Use this to help you out. 

    musicmom08

    Answer by musicmom08 at 12:11 AM on Oct. 2, 2010

  • 9.45 per month
    zoeysmom331

    Answer by zoeysmom331 at 7:32 PM on Oct. 1, 2010

  • Gave you a bump since I have no clue. Congrats though on wanting to get it paid off sooner.
    itsallabtthem84

    Answer by itsallabtthem84 at 7:26 PM on Oct. 1, 2010

  • Do you mean they are charging you a 4% interest per month? Or that 4% of your bill goes to interest and 96% goes to principle?
    Erica_Smerica

    Answer by Erica_Smerica at 7:57 PM on Oct. 1, 2010

  • 9.45. I am with erica on th questions.
    Mom2Just1

    Answer by Mom2Just1 at 11:34 PM on Oct. 1, 2010

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