Question
You get a loan of 60000 from a bank.The loan will be paid back in 3 years with equal monthly installment? The interest rate is
You get a loan of 60000 from a bank.The loan will be paid back in 3 years with equal monthly installment? The interest rate is 6% on the loan. What is going to be the interest payment for the 3. month?
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Intermediate Financial Management
Authors: Eugene BrighamPhillip Daves
1st Edition
0324594712, 9780324594713
