Question
I am trying to compute a monthly payments on the problem presented: BANK A BANK B p $33,516.17 P $33,516.17 RATE 0.07 , RATE 0.02
I am trying to compute a monthly payments on the problem presented:
BANK A BANK B
p $33,516.17 P $33,516.17
RATE 0.07 , RATE 0.02
TERM 5 YEARS TERM 6 YEARS
=
WHAT IS PAYMENT??
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
