Question
John paid off his student loan in 5 years by making payments of $650 at the beginning of every month, the interest rate on his
John paid off his student loan in 5 years by making payments of $650 at the beginning of every month, the interest rate on his loan was 4.20% compounded monthly.
a. calculate the size of the original loan.
b. Calculate the amount of interest paid on the loan.
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Rethinking Public Private Partnerships
Authors: Mervyn K. Lewis
1st Edition
1789906393, 9781789906394
