Monthly loan payment to amortize the loan

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Li-Jen borrows $36000 for a home improvement project loan from the bank woth a 60 month fixed rate financing at an annual interest of 5.7% compounded monthly. what is the amount of her monthly loan payment to amortize the loan?

Reference no: EM13810673

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Monthly loan payment to amortize the loan : Li-Jen borrows $36000 for a home improvement project loan from the bank woth a 60 month fixed rate financing at an annual interest of 5.7% compounded monthly. what is the amount of her monthly loan payment to amortize the loan?

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