Compound interest math

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  • Bank of Oakley now offering an interest rate of 10.00%. Compounded monthly act quickly!! Before time runs out. 
  • MOM! THEY HAVE A GOOD INTEREST RATE, SO I CAN GET THE CAR I WANTED! CAN YOU TAKE A LOOK?
  • Sure will. Leave the page up so I can look at it after work.
  • I was going through your credit history and you are perfectly fine 
  • Since mom is a movie producer and she is willing to co-sign for the loan, we will go ahead and give you approval 
  • Letś go check the cars we have on the lot. 
  • Which Car looks good to you son?
  • I like the red one!
  • Sure thing that one is 15,000. And 300 a month 
  • The total is $135,000, and the interest rate is 4.21. The monthly payment would come put to be $2,499 
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