Question
You have just received an offer in the mail from Friendly Loans. The company is offering to loan you $3,500 with low monthly payments of
You have just received an offer in the mail from Friendly Loans. The company is offering to loan you $3,500 with low monthly payments of $60 per month. If the interest rate on the loan is an APR of 13.9 percent compounded monthly, how long will it take for you to pay off the loan?
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Funds Private Equity Hedge And All Core Structures
Authors: Matthew Hudson
1st Edition
1118790405, 978-1118790403
