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Mr. Ismail is planning to borrow $1,000,000 on a 5-year, 15%, annual payment, fully amortized term loan. The payments are made at the end of
- Mr. Ismail is planning to borrow $1,000,000 on a 5-year, 15%, annual payment, fully amortized term loan. The payments are made at the end of each year. Find the yearly payment and also make a loan amortization schedule.
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
