question archive The loan will be for $100,000 financed at a 8?% nominal annual interest rate This loan will be paid off over 10 years with? end-of-month payments along with a $60, 000 ?lump-sum payment compounded annually at the end of year 10 How much will the monthly payments? be? plz show the works or formulas
Subject:FinancePrice: Bought3
The loan will be for $100,000 financed at a 8?% nominal annual interest rate This loan will be paid off over 10 years with? end-of-month payments along with a $60, 000 ?lump-sum payment compounded annually at the end of year 10
How much will the monthly payments? be?
plz show the works or formulas