Question
What annual payment is required to pay off a four-year, $30,000 loan if the interest rate being charged is 6 percent EAR? What would the
What annual payment is required to pay off a four-year, $30,000 loan if the interest rate being charged is 6 percent EAR? What would the monthly payments be for the same loan assuming the same interest rate?
| Annual payment | $ | |
| Monthly payment | $ | |
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Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills
1st Edition
1439844712, 9781439844717
