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loan: $ 30,000.00 total payment: $500 APR(%): 8 part A: calculate the period rate assuming monthly compounding partB: do the amortization schedule and use it
loan: $ 30,000.00
total payment: $500
APR(%): 8
part A: calculate the period rate assuming monthly compounding
partB: do the amortization schedule and use it to answer parts C and D
partC: what is the life of your loan
part D: what is the total interest payment over the life of the loan?
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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
