6) You are loaned $300 at the end of years 1 and 2, and loaned X at the end of year 3. You pay this loan back with payme
Posted: Wed Jul 06, 2022 6:21 am
6) You are loaned $300 at the end of years 1 and 2, and loaned X at the end of year 3.
You pay this loan back with payments of X at the end of year 4, and $400 at the end of years
5 and 6. Find X if the effective annual interest rate i=.07.
You pay this loan back with payments of X at the end of year 4, and $400 at the end of years
5 and 6. Find X if the effective annual interest rate i=.07.