Question
What monthly payment is required to amortize a loan of $40,000 over 10 yr if interest at the rate of 10%/year is charged on the
What monthly payment is required to amortize a loan of $40,000 over 10 yr if interest at the rate of 10%/year is charged on the unpaid balance and interest calculations are made at the end of each month? (Round your answer to the nearest cent.)
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Innovation In Public Transport Finance
Authors: Shishir Mathur
1st Edition
1138250139, 978-1138250130
