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Let the size of the final payment be $x. 1010.00 (1 + 0.0775 12 / 12) + 1280.00 (1 + 0.0775 7 / 12) =
Let the size of the final payment be $x. 1010.00 (1 + 0.0775 12 / 12) + 1280.00 (1 + 0.0775 7 / 12) = 615.00 (1+0.0775 3 / 12) + x 1010.00 (1.0775) + 1280.00 (1.045208) = 615.00 (1.019375) + x 1088.28 + 1337.87 = 626.92 + x x = $1799.23
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Asset Management And Institutional Investors
Authors: Ignazio Basile, Pierpaolo Ferrari
1st Edition
331932795X,3319327968
