Question
Falak took $44,000 loan at 3.26% compounded monthly and decided to make end of month payment of $1,275. 1) How many payments will Falak have
Falak took $44,000 loan at 3.26% compounded monthly and decided to make end of month payment of $1,275. 1) How many payments will Falak have to make to amortize the loan? 2) What will the size of her final payment be?
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Urban Infrastructure Finance And Management
Authors: K. Wellman, Marcus Spiller
1st Edition
0470672188, 978-0470672181
