What semi-annual payment for 5 years will pay off a loan of $5000 with interest at j4

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What semi-annual payment for 5 years will pay off a loan of $5000 with interest at j4 = 13%, if the first payment is made 6 months from now?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: Mar 20, 2024 02:17 AM

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What semi-annual payment for 5 years will pay off a loan of $5000 with interest at j4

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PMT PMT PMT 5000 0065 10065 10 10065... View the full answer

Investments

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