Question
WaMu Mutual wishes to pay off a $10,000 loan which is being amortized with twenty annual payments at 12% effective annual interest rate. In order
WaMu Mutual wishes to pay off a $10,000 loan which is being amortized with twenty annual payments at 12% effective annual interest rate. In order to do so, they must offer a yield rate of 15%. What is the sale price?
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How To Day Trade Futures
Authors: Joseph Dinero
1st Edition
154249902X, 978-1542499026
