Hansco borrowed $5635 paying interest at 4.05% compounded annually. If the loan is repaid by payments of $279 made at the end of each year. Find the number of payments. Round your answer to 8 decimal places. Sample input 6.43215678

Hansco borrowed $5635 paying interest at 4.05% compounded annually. If the loan is repaid by payments of $279 made at the end of each year. Find the number of payments. Round your answer to 8 decimal places. Sample input 6.43215678

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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