Rippy takes out a loan from Ainhoa. It is agreed that Rippy will pay back the loan
Fantastic news! We've Found the answer you've been seeking!
Question:
Rippy takes out a loan from Ainhoa. It is agreed that Rippy will pay back the loan in two payments, $ after years and $ after years. Rippy decides he wants to renegotiate the payment schedule so that he has two equal payments at and years. What should Rippy's equal payments be Assume money can earn interest compounded biweekly.
Posted Date: