Question
You borrowed $50,000 for your business today with an interest rate of 7.5%. Your first of five (5) equal annual payments on this loan will
You borrowed $50,000 for your business today with an interest rate of 7.5%. Your first of five (5) equal annual payments on this loan will be made one year from now.
PLEASE SHOW IN EXCEL
(A) What is your annual payment on this loan?
(B) Create an amortization table for this loan.
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
979-8863610528
