What semi-annual payment at the end of each 6 month period is required to pay off a
Fantastic news! We've Found the answer you've been seeking!
Question:
What semi-annual payment at the end of each 6 month period is required to pay off a loan of $8000 in ten years if interest is 10% compounded semi-annually?
Related Book For
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
Posted Date: