Question
A vacation property valued at $29,900 was bought for 300 payments of $235 due at the end of every month. What nominal annual rate of
A vacation property valued at $29,900 was bought for 300 payments of $235 due at the end of every month.
What nominal annual rate of interest compounded quarterly wascharged?
The nominal annual rate of interest is ______compounded quarterly.
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De Gruyter Handbook Of Personal Finance
Authors: Grable, John E., Chatterjee, Swarn
1st Edition
3110727498, 978-3110727494
