Question
students borrow $75000 loans at 8.5% interest rate. Students want to pay off in 15 years but want to make sure the yearly payments don't
students borrow $75000 loans at 8.5% interest rate. Students want to pay off in 15 years but want to make sure the yearly payments don't exceed 7 % of gross annual salary.
provide annual loan payment.
minimum annual salary to accomplish the goal
need a loan amortization of schedule
Provide a loan amortization schedule.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
