Question
On a spreadsheet, set up a monthly amortization schedule for a 3-year car note of $20,000. The annual interest rate on this loan is 7%.
On a spreadsheet, set up a monthly amortization schedule for a 3-year car note of $20,000. The annual interest rate on this loan is 7%.
What is the beginning loan balance on the 24th month and at 30th month?
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The New Microfinance Handbook A Financial Market System Perspective
Authors: Joanna Ledgerwood, Julie Earne, Candace Nelson
1st Edition
0821389270, 978-0821389270
