Question
please help me solve with excel formulas. 24 3. What is the monthly payment on a loan for which the accrual rate equals the pay
please help me solve with excel formulas. 
24 3. What is the monthly payment on a loan for which the accrual rate equals the pay rate if the 25 loan amount is SSOO,OOO, the term is 30 years, and the interest rate is 6.4%? (Use the 26 syntax described on Page 11 oftbe Module 4 readin assignment.) 27 28 Loan Amount 29 Years 30 Periods Per Yea 31 Interest Rate 32 33 Answer $5,004.05 30 12 640% 34 4. What is the amount oftbe required balloon payment at maturity for the loan in the 35 previous question? 36 37 38 Answer
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Canadian Income Taxation Planning And Decision Making
Authors: Joan Kitunen, William Buckwold
17th Edition 2014-2015 Version
1259094332, 978-1259094330
