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Consider a loan with amount of D which is repaid in N instalment payments at the end of each year. Annual interest rate
Posted: Sat Feb 19, 2022 2:32 pm
by answerhappygod
- Consider A Loan With Amount Of D Which Is Repaid In N Instalment Payments At The End Of Each Year Annual Interest Rate 1 (257.54 KiB) Viewed 48 times
Consider a loan with amount of D which is repaid in N instalment payments at the end of each year. Annual interest rate is stable at 5%. What is the instalment payment T if the difference between annuity payments in the 2nd and 5th years (A2 and A5) is 2,100 EUR? Select one: A. 14.000 EUR B. Not enough information is provided C. 15.000 EUR D. 13,000 EUR