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A credit is paid as follows: a down payment corresponding to 30% of the value of the credit, 16 equal monthly payments, the first of
A credit is paid as follows: a down payment corresponding to 30% of the value of the credit, 16 equal monthly payments, the first of them in the third month worth $350,000. If the agreed interest rate for this operation is 30% NM, what is the value of the credit?
a. $6.061.433,89
b. $6.257.556,08
c. $6.553.256,08
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Lords Of Finance The Bankers Who Broke The World
Authors: Liaquat Ahamed
1st Edition
0143116800, 978-0143116806
