Question
How long will it take to pay off a loan of $47,000 at an annual rate of 8 percent compounded monthly if you make monthly
How long will it take to pay off a loan of $47,000 at an annual rate of 8 percent compounded monthly if you make monthly payments of $400? Use five decimal places for the monthly percentage rate in your calculations.
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The Handbook Of News Analytics In Finance
Authors: Gautam Mitra, Leela Mitra
1st Edition
047066679X, 978-0470666791
