How much is your loan payment based on the following: Time - 5 years Interest Rate -
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Question:
How much is your loan payment based on the following:
Time - 5 years
Interest Rate - 5.8%
Principle Balance - $28,000
Assume the interest rate is an APR. If needed, the discount rate is 4.2%.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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