Question
You've just taken out a student loan with a quoted interest rate of 5.6%. You will have to pay back $2,800 in 16 years, with
You've just taken out a student loan with a quoted interest rate of 5.6%. You will have to pay back $2,800 in 16 years, with no intermediate payments necessary.
How much did you borrow if interest is compounded monthly?
How much did you borrow if interest is compounded daily?
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U.S. Mergers And Acquisitions Legal And Financial Aspects
Authors: Felix Lessambo
1st Edition
3030857344,3030857352
