Question: How many years will it take John, making payments at the end of every 3 months of $1100, to pay a debt of $13000 if
How many years will it take John, making payments at the end of every 3 months of $1100, to pay a debt of $13000 if the rate of interest is 4.3% p.a. compounded annually?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
