Question
A borrower obtains a loan for $125,000 at 11 percent annual interest for 20 years. Interest is compounded annually. How much will your annual payments
A borrower obtains a loan for $125,000 at 11 percent annual interest for 20 years. Interest is compounded annually. How much will your annual payments be to pay the loan in full? (Ignore the dollar sign in your answer due to Canvas, just place the number.)
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Finance And Sustainability Proceedings From The Finance And Sustainability Conference Wroclaw 2017
Authors: Agnieszka Bem, Karolina Daszy?ska-?ygad?o , Ta?ána Hajdíková, Péter Juhász
1st Edition
3319922270,3319922289
