Question
A property was purchased for $5000.00 down and payments of $2500 at the end of every six month for six years. Interest is 6% compoundded
A property was purchased for $5000.00 down and payments of $2500 at the end of every six month for six years. Interest is 6% compoundded monthly. How much is the cost of financing?
| a | $4201.67 |
| b | 3620.11 |
| c | $6927.06 |
| d | $5170.98 |
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Understanding Stocks
Authors: Michael Sincere
1st Edition
0071409130, 978-0071409131
