Question
makes annual year-end payments of $8361.25 on a 20-year loan with an annual interest rate of 7.4 percent compounded semi-annually, what is the original principal
makes annual year-end payments of $8361.25 on a 20-year loan with an annual interest rate of 7.4 percent compounded semi-annually, what is the original principal amount for John's loan?
Question 25 options:
|
| $85 000 |
|
| $83 325 |
|
| $82 000 |
|
| $85 700 |
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith Baker
2nd Edition
0763726605, 9780763726607
