Question
A loan agreement required monthly payments of $216.75 at the end of each month for 4 years at 10.8% compounded monthly a. How much was
A loan agreement required monthly payments of $216.75 at the end of each month for 4 years at 10.8% compounded monthly
a. How much was the original loan?
b. How much interest did she pay in total?
Round to the nearest cent
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The Handbook Of Credit Portfolio Management
Authors: Greg Gregoriou, Christian Hoppe
1st Edition
0071598340, 978-0071598347
