The payment necessary to amortize a 4 3 loan of $80,000 compounded annually, with 8 annual payments is $12,029 86 The total of the payments is $96,238 88 with a total interest payment of $16,238 88 The borrower made larger payments of $13,000 00 Calculate (a) the time needed to pay off the loan, (...

a 6 years b The total amount of the payments with payments of 1300000 is 7800000 c Th ...

The payment necessary to amortize a 4.3% loan of $80,000 compounded annually, with 8 annual payments...

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The payment necessary to amortize a ( 4.3 % ) loan of ( $ 80,000 ) compounded annually, with 8 annual payments is ( $

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Intermediate Microeconomics and Its Application

ISBN: 978-0324599107

11th edition

Authors: walter nicholson, christopher snyder

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The payment necessary to amortize a 4.3% loan of $80,000 compounded annually, with 8 annual payments...

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Intermediate Microeconomics and Its Application

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