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What is the payback of 5000 dollars at 13%?
Finance co. Wants too loan me the funds and I want too get an idea on how too negotiate the payoff amount and time it would take too pay it off,about 18 months?
Dont quote me on this but I believe you divide the 5000$ by 18… that will give you a basis for your calculation then multiple that by 13% or .13 and add that back to the monthly total… so if I did the math right you will pay… “approximately $315 a month for a final total of $5636… hope that made sense…
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