Find the semi-annual payment at the end of six months, the first payment is due at the end of 7.5 years and the last at the end of 17 years for a loan of 41074 if money is worth 5.3% compounded semi annually. In 2 decimal values
Find the semi-annual payment at the end of six months, the first payment is due at the end of 7.5 years and the last at the end of 17 years for a loan of 41074 if money is worth 5.3% compounded semi annually. In 2 decimal values
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
Problem 1ST
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Find the semi-annual payment at the end of six months, the first payment is due at the end of 7.5 years and the last at the end of 17 years for a loan of 41074 if money is worth 5.3% compounded semi annually. In 2 decimal values
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