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Hi, I need help with this financial math problem. Note: It details the exercise, the data and the table very well. Use either the Gradual

Hi, I need help with this financial math problem.

Note: It details the exercise, the data and the table very well.

Use either the Gradual Payback or Constant Payback formulas depending on the problem:

Amortization

A debt of $ 50,000 must be amortized with 12 monthly payments, with 48% NOMINAL

monthly. Find the value of each payment and make a debt amortization chart.

Use both methods.

Grace in advance!!

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