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Hello, I am a student studying abroad, currently i have to work on some assignments my professor gave me to solve. Since my professor doesnt
Hello, I am a student studying abroad, currently i have to work on some assignments my professor gave me to solve. Since my professor doesnt have the best grasp on the english language i am having trouble understanding what he requires me to do.
I know its the holidays, but i could really use some help here ! Happy New Year to you all
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Grupo IV (3,5 points) Consider a loan for 5 years paid off by French System by means of 5 constant annuities paid in the end of each year. Given: - J = 227,298 euros (interest rate paid in the 5th period) - M;= 1 000 euros _famount of the capital paid off in the 5th period) Find out the annual interest of the loan. Grupo V (3,5 points) A loan of the amount Co was paid off by means of 30 constant annuities at the annual effective interest i. Given that: Ja = 2M62 find out the annual effective interest | at which the loan was paid offStep by Step Solution
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