Question: Hi, I need help with this financial math problem. Note: It details the exercise, the data and the table very well. Use either the Gradual
Hi, I need help with this financial math problem.
Note: It details the exercise, the data and the table very well.
Use either the Gradual Payback or Constant Payback formulas depending on the problem:
Amortization
A debt of $ 50,000 must be amortized with 12 monthly payments, with 48% NOMINAL
monthly. Find the value of each payment and make a debt amortization chart.
Use both methods.
Grace in advance!!
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