Mo tothe next quon preens chunges to the eer, Question 1 A loan wth a smole annal erent rate of to be repadS yrrs The tal interest pant on the ans caled to e 00 ow hwngly bo d S1.76 SL67

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Moving to the next qution presents chunges to this anower,
Question 1
A loan with a simple annual nterest rate of to te repaid in 5 yeurs The tetal interest pad on thie loan is calcuated to be 1500. ow T wa orgnaly bowed
S
O$2.35
O S1,706
O 51.667
Transcribed Image Text:Moving to the next qution presents chunges to this anower, Question 1 A loan with a simple annual nterest rate of to te repaid in 5 yeurs The tetal interest pad on thie loan is calcuated to be 1500. ow T wa orgnaly bowed S O$2.35 O S1,706 O 51.667
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