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solve for both scenerios a 15000 and b 2000 (Annuity number of periods) Alex Karev has taken out a $180,000 loan with an annual rate
solve for both scenerios a 15000 and b 2000
(Annuity number of periods) Alex Karev has taken out a $180,000 loan with an annual rate of 9 percent compounded monthly to pay off hospital bllss from his wife Lzzy's inness. If the most Alex can afford to paty is $1.500 per month, how long wil i take to pay of the loan? How long will it take for Bim to pay off the loan if he can pay $2.000 per month? Use five decimal places for the menthly peroentage rate in your calculations Step by Step Solution
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