Question
Determine the equal, annual, end-of-year payment required each year over the life of the loan shown in the following table to repay it fully during
Determine the equal, annual, end-of-year payment required each year over the life of the loan shown in the following table to repay it fully during the stated term of the loan.
Principle Interest Rate Term of loans (years)
$8,000 9% 26
The amount of the equal, annual, end-of-year payment, CF is? Round to the nearest cent,
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Rehabilitation Tax Credit IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304114686, 978-1304114686
