Question: Problem 77 Intro Your company took out an amortizing loan with the following terms: A B 1 Amount 5,000 2 Term (years) 30 3 Interest
Problem 77 Intro Your company took out an amortizing loan with the following terms: A B 1 Amount 5,000 2 Term (years) 30 3 Interest rate 8% Part 1 IB Attempt 2/10 for 8 pts. What is the annual payment (as a positive number)? Use Excel's PMT() function. + decimals Submit Show all parts
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