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Please use excel functions Sometimes loan vendors include fees that are outside of the interest rate being charged. Those fees raise your costs of taking
Please use excel functions "Sometimes loan vendors include fees that are outside of the interest rate being charged. Those fees raise your costs of taking the loan. To compare loans, you can find the equivalent interest rate including the fees. I got this advertisement from TD They let you convert a charge on your credit card to a payment plan. What would the interest rate be on a loan with equivalent monthly payments for these payment plans?
Please use excel functions "Sometimes loan vendors include fees that are outside of the interest rate being charged. Those
fees raise your costs of taking the loan. To compare loans, you can find the equivalent interest
rate including the fees.
I got this advertisement from TD They let you convert a charge on your credit card to a
payment plan. What would the interest rate be on a loan with equivalent monthly payments for
these payment plans?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
