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Find i (the rate per period) and n (the number of periods) for the following loan at the given annual rate. Monthly payments of $304.40
Find i (the rate per period) and n (the number of periods) for the following loan at the given annual rate.
Monthly payments of $304.40 are made for 8 years to repay a loan at 5.55% compounded monthly.
i=?
n=?
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Accounting Theory Contemporary Accounting Issues
Authors: Thomas G. Evans
1st Edition
0324107846, 9780324107845
