Question
You need to borrow $45,000 to buy a new truck. The current loan rate is 5,25% compounded monthly. You decide you want to pay the
You need to borrow $45,000 to buy a new truck. The current loan rate is 5,25% compounded monthly. You decide you want to pay the loan off in equal monthly payments over 5 years. What is the size of your monthly payment?
| $750.00 | ||
| $801.23 | ||
| $854.37 |
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
