Question: Find the payment made by the ordinary annually with the given present value. $83772 monthly payment for 34 years. Interest rate is 4.9% compounded monthly.
Find the payment made by the ordinary annually with the given present value. $83772 monthly payment for 34 years. Interest rate is 4.9% compounded monthly. The payment is?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
