Question
Suppose you decide to take out a loan to purchase a plot of land. You have taken out a loan of $85,000 for a term
Suppose you decide to take out a loan to purchase a plot of land. You have taken out a loan of $85,000 for a term of 36 months that is compounded monthly at an APR of 70%. Find:
Monthly payment in numerator only:
Monthly payments in denominator only:
Find monthly payments:
Find payment in 34 months:
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Emile Woolf On Audit Exemption
Authors: Emile Woolf
1st Edition
0863253911, 978-0863253911
