Question
A loan, amortized over 7 years, is repaid by making payments of $1,700 at the end of every month. If the interest rate is 4.50%
A loan, amortized over 7 years, is repaid by making payments of $1,700 at the end of every month. If the interest rate is 4.50% compounded semi-annually, what was the loan principal?
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Handbook Of Recent Advances In Commodity And Financial Modeling
Authors: Giorgio Consigli, Silvana Stefani, Giovanni Zambruno
1st Edition
3319613189, 978-3319613185
