Question
How much is your loan amount today if you are going to repay using 98 equal monthly payments of $215 with annual interest of 5.7
How much is your loan amount today if you are going to repay using 98 equal monthly payments of $215 with annual interest of 5.7 percent but assuming monthly compounding?
Answer to the nearest dollar amount, and enter without the dollar sign.
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
