Question
Cooley Landscaping Company needs to borrow $23,000 for a new front-end dirt loader. The bank is willing to loan the funds at 8% interest with
Cooley Landscaping Company needs to borrow $23,000 for a new front-end dirt loader. The bank is willing to loan the funds at 8% interest with annual payments at the end of the year for the next 10 years. What is the annual payment on this loan for Cooley Landscaping?
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An Introduction To Real Estate Finance
Authors: Edward Glickman
1st Edition
0123786266, 9780123786265
