A $30,000.00 balance of sale at 5.70% (C = 2 and P = 12) with a term

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A $30,000.00 balance of sale at 5.70% (C = 2 and P = 12) with a term of 3 years and an amortization of 25 years is discounted at 18%. What is the amount of the discount? (Using financial calculator).

Posted Date: Sep 28, 2021 09:26 AM

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A $30,000.00 balance of sale at 5.70% (C = 2 and P = 12) with a term

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