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(Annuity number of periods). How long will it take to pay off a loan of $54,000 at an annual rate of 9% compounded monthly if
(Annuity number of periods). How long will it take to pay off a loan of $54,000 at an annual rate of 9% compounded monthly if you make monthly payments of $500? Use five decimal places for the monthly percentage rate in your calculations.
The number of years it takes to pay off the loan is _______years.
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Real Estate Investment Strategies Structures Decisions
Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
