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SOLVE QUESTION CORRECTLY I GOT 1 MARKS PLEASE GIVE CORRECT ANSWER 02 Fill in the Blank Text = 4.00 1/8 A debt of $18000 with
SOLVE QUESTION CORRECTLY I GOT MARKS PLEASE GIVE CORRECT ANSWER
02 Fill in the Blank Text = 4.00 1/8 A debt of $18000 with interest at 84% compounded quarterly is to be repaid by equal payments at the end of every three months for two years Calculate the size of the monthly payments,total amount paid and cost of financing. 18000.00 - 0.00525 0.084 8.00 PMT= 2257.09 AMOUNT PAID = 18057.20 COST OF FINANCING = 57.20
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