Question
What is the monthly payment that should occur when $35,000 is borrowed at 8% per year compounded quarterly and the loan is repaid with 60
What is the monthly payment that should occur when $35,000 is borrowed at 8% per year compounded quarterly and the loan is repaid with 60 equal monthly payments? Explain, using a TI-84.
Please i need a well explained answer on this. Show Working.
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Corporate And Project Finance Modeling Theory And Practice
Authors: Edward Bodmer
1st Edition
1118854365, 9781118854365
