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if you could show the Formula you use that would be great QUESTION 2 Xander is 28 years old and is looking at selling his
if you could show the Formula you use that would be great
QUESTION 2 Xander is 28 years old and is looking at selling his car and buy an electric motorbike. The electric motorbike costs 10,424 and he thinks he can sell the car for 2.700. He will borrow the remaining amount required to buy the motorbike. If Xander has to pay an interest rate of 7% p.a. compounded weekly, and he can afford to pay $100 a week, how long will it take Xander to pay off his loan? Enter your answer in weeks and with two decimal places (e.g. 12.34)Step by Step Solution
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
