Florida International University REE 3043 1. The following loan is fully amortizing. The loan is for $13,000 at 9% interest to be repaid over three (3) years. Amortize this loan on a monthly basis. Calculate the interest portion of the fourth (4th) payment considering that an additional payment of $2,000 was made with the second payment. (Read this carefully). 2. What ...[Show More]
Category: | |
Number of pages: | 2 |
Language: | English |
Last updated: | 4 months ago |
Downloads: | 1 |
Views: | 2 |