You borrow 300,000 to buy a new house. The loan is a conventional 30-year loans and payment
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You borrow 300,000 to buy a new house. The loan is a conventional 30-year loans and payment is made at the end of each month (so will you make more than just 30 payments, right!) What should be the monthly interest rate so that payment is $2,948.01? show all work
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Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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