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Yeah, perfect, except weeks are not exact, it varies from 52 to 54 depends on the year ar, one more thing, it's not how you pay it, it's how they calculate it, thus you can be making bi-weekly payment

slimpiggy (瘦猪犹如插翅虎)
but they could be compounding it weekly,

as you can see, the more frequent they compound, the higher the rate
(#177016@0)
2001-8-23 -04:00
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Back To Topic: 如果新车的最后总价为25,000,mortgage rate为6.20,3年还清,偿还的利息为多少?25,000 x 0.062 x 3 = 4,650?是这样算吗?

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