Question
Find the payment necessary to amortize each of the given loans. 25. $2500; 8% compounded quarterly; 6 quarterly payments 26. $41,000; 9% compounded semiannually;
Find the payment necessary to amortize each of the given loans. 25. $2500; 8% compounded quarterly; 6 quarterly payments 26. $41,000; 9% compounded semiannually; 10 semiannual payments 27. $90,000; 7% compounded annually; 12 annual payments 28. $140,000; 12% compounded quarterly; 15 quarterly payments 29. $7400; 8.2% compounded semiannually; 18 semiannual payments 30. $5500; 9.5% compounded monthly; 24 monthly payments
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Calculus With Applications
Authors: Margaret L. Lial
12th Edition
978-0135871348, 0135871344
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