Question
You want to borrow $25,000. For the loan to be paid off, you must repay $1000 every quarter (4 times per year) for the next
You want to borrow $25,000. For the loan to be paid off, you must repay $1000 every quarter (4 times per year) for the next 7 years plus $7000 at the end of the 7 years. Based on this, what rate of interest are you paying?
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
