Question 3: (10 points) SHOW YOUR CALCULATION Calculate a balance of sale price of $43 400 at 5% compounded semi-annuall
Posted: Tue Jan 18, 2022 12:57 pm
Question 3: (10 points) SHOW YOUR CALCULATION Calculate a
balance of sale price of $43 400 at 5% compounded semi-annually
with monthly interest-only payments for 2 years.
______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Balance
of sale price = $_____________________________________
balance of sale price of $43 400 at 5% compounded semi-annually
with monthly interest-only payments for 2 years.
______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Balance
of sale price = $_____________________________________