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#4 the answer 234 full payments, $155.54 is provided to us. I need the work that shows the steps we took to come up with
#4 the answer 234 full payments, $155.54 is provided to us. I need the work that shows the steps we took to come up with this answer. Excel and financial calculators are not allowed. Thank you
4. A $85,000 home loan is obtained for 20 years at 8.6% converted monthly. If monthly payments of $750 are made, determine the number of full payments and the size of the concluding payment needed to settle the loanStep by Step Solution
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