Question
Your father loans you $12,000 to make it through your senior year. His repayment schedule requires payments of $1,317.54 at the end of year for
Your father loans you $12,000 to make it through your senior year. His repayment schedule requires payments of $1,317.54 at the end of year for the next 15 years. What interest rate is he charging you? Group of answer choices 7.0% 7.5% 8.0% 8.5%
How do I enter this and figure it out on the BAII Plus calculator, please?
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
