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Loan Details Monthly (End-of-month) Payment (PMT) Monthly interest rate (RATE) Months to Pay Off Loan (NPER) Amount of Loan from Bank (PV) $680.66 1.15%
Loan Details Monthly (End-of-month) Payment (PMT) Monthly interest rate (RATE) Months to Pay Off Loan (NPER) Amount of Loan from Bank (PV) $680.66 1.15% 48 $25,000.00 Recreate the above table in your own version of excel. The borrower wants to repay the loan in 24 months. What will be the new monthly repayment? (answer to exclude $ sign and to include cents eg 680.66, and should be a positive number) Answer: I
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven Mintz, Roselyn Morris
3rd edition
007786221X, 978-0077862213
