A debt of 20,000 with 12% interest compounded semi-annually is to be amortized by semi-annual payment over the next 6 ye
Posted: Thu May 19, 2022 8:11 am
A debt of 20,000 with 12% interest compounded semi-annually is
to be amortized by semi-annual payment over the next 6 years. The
first due in 6 months. Determine the semi-annual payment.
ANS = 2,385.54
dont use excel
to be amortized by semi-annual payment over the next 6 years. The
first due in 6 months. Determine the semi-annual payment.
ANS = 2,385.54
dont use excel