Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sergio pidi un prstamo de $400,000 a una tasa de inters del 16.78% anual con pagos quincenales durante 18 meses. Le ofrecen realizar un pago

Sergio pidi un prstamo de $400,000 a una tasa de inters del 16.78% anual con pagos quincenales durante 18 meses. Le ofrecen realizar un pago quincenal de $9,900.00 para liquidar su prstamo en el tiempo estipulado. Si en un ao hay 24 quincenas Coincide la informacin que le ofrecieron con la que realmente debera pagar? Escribe en tu respuesta la cantidad que debe de pagar quincenalmente.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance And Investments

Authors: Keith Redhead

1st Edition

0415428629, 978-0415428620

More Books

Students also viewed these Finance questions

Question

Yes, because Bank Y's prices are lower than Bank X's prices

Answered: 1 week ago