Question
What monthly payment is required to pay off a $58,000 loan in nine years if the interest rate on the loan is 7.5% compounded: (Do
What monthly payment is required to pay off a $58,000 loan in nine years if the interest rate on the loan is 7.5% compounded: (Do not round intermediate calculations and round your final answers to 2 decimal places.)
annually?
semi annually?
quarterly?
monthly?
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New Issues In Financial Institutions Management
Authors: F Fiordelisi, P Molyneux, D Previati
2010th Edition
0230278108, 978-0230278103
