Question
You are making equal annual payments on a 5-year, 9% loan of $80,000. How much total interest will be paid over the entire 5-year life
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You are making equal annual payments on a 5-year, 9% loan of $80,000. How much total interest will be paid over the entire 5-year life of the loan? Please answer using a financial calculator!
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Step: 1
Calculating Total Interest Paid on a Loan Using a Financial Calculator Input the ...
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
