Question
Suppose you bought a condo and took out a 30-year, $100,000 amortized loan at a nominal rate of 8% with end-of-month payments. How much interest
Suppose you bought a condo and took out a 30-year, $100,000 amortized loan at a nominal rate of 8% with end-of-month payments. How much interest would you pay the 2nd month?
(Needing to understand how to calculate this on a BA II Plus financial calulator. I know the formula on paper but I am required to calculate this on the financial calulator.)
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Legal Handbook For Financial Planning In 2019
Authors: Allen Buckley
1st Edition
1091578826, 978-1091578821
