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There is a loan of three payments: $1.600.000 in four months, $1.200.000 in eight months and $2.000.000 in fifteen months, with an annual effective interest
There is a loan of three payments: $1.600.000 in four months, $1.200.000 in eight months and $2.000.000 in fifteen months, with an annual effective interest rate of 29%. Once the first installment is paid, you request that the outstanding loan two be replaced by two equal payments of $1.735.590 each. if the first is for five months after that date, when should the second be paid, if a rate of 33.5% quarterly compounding nominal interest rate was agreed for the refinancing?
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