Question
How did the extra, one-time payment of $100 affect the total interest Janet pays on the loan (hint: when using the Calculator for the question,
How did the extra, one-time payment of $100 affect the total interest Janet pays on the loan (hint: when using the Calculator for the question, be sure to remove the extra $100 payment in January 2022; otherwise, she would pay $385.05 that month)?
http://www.bankrate.com
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
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