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solve using - T equation if value 8. Esteban borrows $20,000, and the loan is governed by compound interest at an annual effective interest rate
solve using - T equation if value 
8. Esteban borrows $20,000, and the loan is governed by compound interest at an annual effective interest rate of 6%. Esteban agrees to repay the loan by making a payment of $10,000 at the end of Tyears and a payment of $12,000 at the end of 27 years. Find T
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The Oxford Guide To Financial Modeling
Authors: Thomas S Y Ho, Sang Bin Lee
1st Edition
019516962X, 9780195169621
