Question
How much is your loan amount today if you are going to repay using 80 equal monthly payments of $476 with annual interest of 4.1
How much is your loan amount today if you are going to repay using 80 equal monthly payments of $476 with annual interest of 4.1 percent but assuming monthly compounding? Answer to the nearest dollar amount, and enter without the dollar sign.
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
