A debt of $125000,00 was paid by quarterly payment of $5000.00 at 8.4% p.a. compounded quarterly? How many monthly payments are paid to pay back the loan and in how many years the loan was paid? PV =...


Please answer all subparts with explanation.


I will really upvote.


A debt of $125000,00 was paid by quarterly payment of $5000.00 at 8.4% p.a. compounded quarterly? How many monthly payments are paid<br>to pay back the loan and in how many years the loan was paid?<br>PV = $<br>PMT = $<br>I/Y =<br>C/Y =<br>p=<br>Total number of payments<br>Time in Years =<br>(2 decimal places)<br>Blank 1:<br>

Extracted text: A debt of $125000,00 was paid by quarterly payment of $5000.00 at 8.4% p.a. compounded quarterly? How many monthly payments are paid to pay back the loan and in how many years the loan was paid? PV = $ PMT = $ I/Y = C/Y = p= Total number of payments Time in Years = (2 decimal places) Blank 1:

Jun 06, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here