How long will it take for monthly payments interest rate on the loan is: a. 7.5% compounded
Question:
a. 7.5% compounded annually?
b. 7.5% compounded semiannually?
c. 7.5% compounded quarterly?
d. 7.5% compounded monthly?
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Given PV 100000 PMT 740 a j 75 m 1 i 75 c 112 0083 The loan ...View the full answer
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