Question
Calculate the amount of monthly payment for principal and interest for $195,000 8% 25 year loan the payment for 1,000 debt under these terms is
Calculate the amount of monthly payment for principal and interest for $195,000 8% 25 year loan the payment for 1,000 debt under these terms is $7.7182
A( $1,300
B) $1,505
C) $933
D) $1,214
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Finance for Executives Managing for Value Creation
Authors: Gabriel Hawawini, Claude Viallet
4th edition
9781133169949, 538751347, 978-0538751346
