60 months You want to buy a car and a local bank will lend you $18,500....
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60 months You want to buy a car and a local bank will lend you $18,500. The loan will be fully amortized over 5 years, and the nominal interest rate would be 4.65%, with interest paid monthly. What is the monthly loan payment? to ge is interst rate x priciple. (It intent) number of payment | interest) nimber of payment - I 60 months You want to buy a car and a local bank will lend you $18,500. The loan will be fully amortized over 5 years, and the nominal interest rate would be 4.65%, with interest paid monthly. What is the monthly loan payment? to ge is interst rate x priciple. (It intent) number of payment | interest) nimber of payment - I
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Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
Posted Date:
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