Question
You agree to loan your parents $32,000 to buy a new van. They agree to pay you $650 a month for 5 years. The ___
You agree to loan your parents $32,000 to buy a new van. They agree to pay you $650 a month for 5 years. The ___
a. interest rate on the loan is 0.75% per month
b. APR on the loan is 7.87%
c. EAR on the loan is 8.08%
- APR on the loan is 8.22%
- EAR on the loan is 8.38%
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Of Synthetic Finance Three Essays Of Speculative Materialism
Authors: Benjamin Lozano
1st Edition
1138790842, 978-1138790841
