What is the loan balance after 5 years for a $4,700,000annual payment loan at 10.06% interest amortized

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What is the loan balance after 5 years for a $4,700,000annual payment loan at 10.06% interest amortized over 15years?

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Posted Date: May 09, 2024 09:16 AM

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What is the loan balance after 5 years for a $4,700,000annual payment loan at 10.06% interest amortized

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To determine the loan balance after 5 years for a loan with annual payments we need to calculate the ... View the full answer

Engineering Economy

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