Question
Hansco borrowed $5511 paying interest at 3.20% compounded annually. If the loan is repaid by payments of $260 made at the end of each year.
Hansco borrowed $5511 paying interest at 3.20% compounded annually. If the loan is repaid by payments of $260 made at the end of each year. Find the number of payments.
Round your answer to 8 decimal places. Sample input 6.43215678
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J Hughes
9th Edition
0073382329, 9780073382326
