Question
I can get a 600,000 loan for 12 years. Payments are annual. The sum of the payments for each of the following two options is
I can get a 600,000 loan for 12 years. Payments are annual. The sum of the payments for each of the following two options is the same. Option 1. Equal payments at .07 annual effective interest rate Option 2. Principal payments of 50,000 are made each year along with interest on the outstanding loan balance at AEIR i. Please find i.NO EXCEL OR ACTUARIAL CALCULATOR FORMULAS PLEASE
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
0471361909, 978-0471361909
