A loan of $17,504 was repaid at the end of 16 months. What size repayment check (principal and interest) was written, if a 7.9% annual rate of interest was charged? Question content area bottom Part 1 The amount of the repayment check was $ enter your response here. (Round to two
A loan of $17,504 was repaid at the end of 16 months. What size repayment check (principal and interest) was written, if a 7.9% annual rate of interest was charged? Question content area bottom Part 1 The amount of the repayment check was $ enter your response here. (Round to two
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A loan of $17,504 was repaid at the end of 16 months. What size repayment check (principal and interest) was written, if a 7.9% annual rate of interest was charged? Question content area bottom Part 1 The amount of the repayment check was $ enter your response here. (Round to two
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