Question
That is to say a credit of 10 000 at 1 year at the nominal rate of 4.8% with monthly composition of the interests. The
That is to say a credit of 10 000 at 1 year at the nominal rate of 4.8% with monthly composition of the interests. The file fees amount to 200 payable at the signature of the contract.
The interests are paid in one go at the end of the period. Calculate the APR.
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Real Estate Finance
Authors: John P. Wiedemer
8th Edition
0324142900, 9780324142907
