Question
Assuming the interest of the only finance charge, how much interest would be paid on a $5000 investment loan to be repaid in 12 in
Assuming the interest of the only finance charge, how much interest would be paid on a $5000 investment loan to be repaid in 12 in 36 monthly installments Of $166.10? What is the APR on this loan?
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
2nd Edition
003034509X, 9780030345098
