The semi-annual loan payments are $1,974.83. Suppose you decide to pay off the loan at the...
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The semi-annual loan payments are $1,974.83. Suppose you decide to pay off the loan at the end of year 4. How much would you have to pay (including the time 4 payment), assuming there are no penalties for early repayment? The semi-annual loan payments are $1,974.83. Suppose you decide to pay off the loan at the end of year 4. How much would you have to pay (including the time 4 payment), assuming there are no penalties for early repayment?
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Given The semiannual loan payment is 197483 The number of payments made ... View the full answer
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Posted Date:
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