Question
Jack took out a loan to pay college tuition. He decided to pay the loan back at the end of year 4. He repay the
Jack took out a loan to pay college tuition. He decided to pay the loan back at the end of year 4. He repay the loan with $9532 per year for 9 years. interest rate is 8% per year. How much did he get from the bank?
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Valuation Workbook Step By Step Exercises And Tests To Help You Master Valuation
Authors: McKinsey & Company Inc.
7th Edition
1119611814, 978-1119611813
