Jana borrows $47,100 and agrees to make 60 monthly payments of $995. She pays the debt in
Fantastic news! We've Found the answer you've been seeking!
Question:
Jana borrows $47,100 and agrees to make 60 monthly payments of $995. She pays the debt in full in 52 months. What is the amount needed to pay her loan in full using the rule of 78?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: