Question
A 14 year loan with monthly repayments of $551.87 has 4 years remaining. Interest is being charged at the rate of 4% pa. Calculate the
A 14 year loan with monthly repayments of $551.87 has 4 years remaining. Interest is being charged at the rate of 4% pa. Calculate the money you loan from the bank. Correctly calculate your answer to TWO decimal places.
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Design Of Cost Management Systems
Authors: Robin Cooper, Robert S. Kaplan
2nd Edition
0135704170, 978-0135704172
