Question
A pottery factory purchases a continuous belt conveyor kiln for $45,000. A 6.1% APR loan with monthly payments is taken out to purchase the kiln.
A pottery factory purchases a continuous belt conveyor kiln for $45,000. A 6.1% APR loan with monthly payments is taken out to purchase the kiln. If the monthly payments are $441.46, over what term is this loan being paid?
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Public Finance Lessons From The Past And Effects On The Future
Authors: Miguel-Angel Galindo Martin
1st Edition
1629481491, 978-1629481494
