Question
Julia will make payments of $150 at the end of every month to settle a loan of $1,000 at 3.60% compounded semi-annually that he received
Julia will make payments of $150 at the end of every month to settle a loan of $1,000 at 3.60% compounded semi-annually that he received to purchase a television.
a. How many deposits will she have to make? Round up to the next whole number
b. How long will she have to make these payments? years months
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Inside Private Equity
Authors: James M. Kocis, James C. Bachman IV, Austin M. Long III, Craig J. Nickels
1st Edition
0470421894, 978-0470421895
