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Author Question: Donna makes annual end of year payments of $5,403.71 on a four year loan with an interest rate of 13 ... (Read 59 times)

jasdeep_brar

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on: Apr 25, 2021

Question 1

Betty borrows $50,000 at 10 percent annually compounded interest to be repaid in four equal annual installments. The actual end of year loan payment is (Round to the nearest whole dollar.)
◦ $10,774
◦ $12,500
◦ $14,340
◦ $15,774

Question 2

Donna makes annual end of year payments of $5,403.71 on a four year loan with an interest rate of 13 percent. The original principal amount was (Round to the nearest whole dollar.)
◦ $16,073.
◦ $22,139.
◦ $15,092.
◦ $17,175.
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Marked as best answer by jasdeep_brar on Apr 25, 2021

Mholman93

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jasdeep_brar

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

xthemafja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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