question archive Suppose you have taken a loan of $3,500,000 for 3 years, compounded yearly
Suppose you have taken a loan of $3,500,000 for 3 years, compounded yearly
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Suppose you have taken a loan of $3,500,000 for 3 years, compounded yearly. The quoted rate is 15%. Required a. With the given information what should be the equal annual payments you would be making to the bank
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