Question
The beginning balance 9/2021 was $6,000. The monthly paymemt is $190 but sometimes more was applied. The balance prior to the last payment was $5,431.93.
The beginning balance 9/2021 was $6,000. The monthly paymemt is $190 but sometimes more was applied. The balance prior to the last payment was $5,431.93. Payment of $260 was paid. $209.22 was applied to the principal. $50.78 was applied to interest. What's the yearly annual percentage rate?
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Cost Accounting Theory And Practice
Authors: R. Palaniappan, N. Hariharan
1st Edition
9380578342, 978-9380578347
