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pmt is 270, please find i/y fv and apr Ursula wants to buy a state of the art camera equipment to take pictures for her
pmt is 270, please find i/y fv and apr
Ursula wants to buy a state of the art camera equipment to take pictures for her social media account. The equipm costs $19,000. She is planning to use her savings of $2,000 as down payment and get a loan for the rest. She is offered a loan for 6 years with monthly payments of $270. If she takes the loan, what will be the APR of this loan to her? N = N 72 I/Y= PV = 17000 PMT = 270 FV = 2 2 Step by Step Solution
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