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Find the term for each of the following 3 loans. For full marks your answers should be correct to the nearest year and month. Maturity
Find the term for each of the following 3 loans. For full marks your answers should be correct to the nearest year and month. Maturity Compounding Nominal Principal amount frequency rate $30,000.00 $74,953.97 Semi-annually 8.50% $30,000.00 $102,817.00 Quarterly 7.00% $93,000.00 $125,466.45 Monthly 4.50% Term 0 years, 0 months 0 years, 0 months 0 years, 0 months
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