Your interest rate (6%) is the annual rate on the loan. To calculate amortization, you will convert the annual interest rate into a monthly rate. The term of the loan is 360 months (30 years). Since amortization is a monthly calculation in this example, the term is stated in months, not years. Your monthly payment is $599.95. The dollar amount of the payment stays constant.
Many teenagers can eat 1 to 3 servings per week without gaining too much weight. Remember too much sweets and desserts will also effect the amount of skin problems your teenager has, like pimples. One serving is a medium portion, such as 1/8 of a pie, 1/2 cup ice cream, a 3-inch pastry,1/2 cup pudding, or 2 small cookies.
According to Pew Internet, teens are sending an average of 60 text messages per day. That number is up from 50 text messages in a 2009 survey. Older girls are the most prolific communicators, sending an average of 100 text messages. Compare that number with boys, who sent about 50 messages per day. Text messaging is the top means of communication among teen, with 63 percent of teens sending messages every day. Only 39 percent of teens reported making phone calls daily and 35 percent of teens say they communicate face-to-face.