The current balance on a loan is $3319.59. If the interest rate on the loan is 5%
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The current balance on a loan is $3319.59. If the interest rate on the loan is 5% compounded monthly, how long ago was the $2870 loan made?
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n FV PV In 11 In 331959 2870 In 100416 ...View the full answer
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My name is Kevin Nwanozie am a student of computer science at the university of Benin Nigeria. I have tutored high school students in mathematics and physics. I presently teach primary school pupils due to the corona virus outbreak. I have previously taught high school students physics and mathematics. previously I studied computer engineering for four years and do have some hard ware and software experience circuit prototyping using bread boards, logic and programming.
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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