Assume that you borrow 2 million JPY from some bank and repay under the plan of monthly total equally payment for 360 mo

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Assume that you borrow 2 million JPY from some bank and repay under the plan of monthly total equally payment for 360 mo

Post by answerhappygod »

Assume That You Borrow 2 Million Jpy From Some Bank And Repay Under The Plan Of Monthly Total Equally Payment For 360 Mo 1
Assume That You Borrow 2 Million Jpy From Some Bank And Repay Under The Plan Of Monthly Total Equally Payment For 360 Mo 1 (12.51 KiB) Viewed 41 times
Assume that you borrow 2 million JPY from some bank and repay under the plan of monthly total equally payment for 360 month. (1) Under the system of 6% annual compound interest, the common monthly payment is greater than (JPY, should be integer). (2) Under the system of 3% annual compound interest, the common monthly payment is greater than (JPY, should be integer).
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”