AB 239 Determine the equal, annual, endofyear payment/TUTORIALOUTLET DOT COM - PowerPoint PPT Presentation

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AB 239 Determine the equal, annual, endofyear payment/TUTORIALOUTLET DOT COM

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Determine the equal, annual, end¬of¬year payment required over the life of the following loans to repay them fully during the stated term. Term of Loa Interest Loan Annual n Principal ($) Rate (%) (Yrs) Payment ($) A 30 comma 00030,000 77 1818 B 40 comma 00040,000 1717 99 Interest Term of Annual Loan Principal ($) – PowerPoint PPT presentation

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Title: AB 239 Determine the equal, annual, endofyear payment/TUTORIALOUTLET DOT COM


1
AB 239 Determine the equal, annual, endofyear
payment/TUTORIALOUTLET DOT COM
2
AB 239 Determine the equal, annual, endofyear
payment/TUTORIALOUTLET DOT COM
  • AB 239 Determine the equal, annual, endofyear
    payment 
  • FOR MORE CLASSES VISIT
  • www.tutorialoutlet.com
  • Determine the equal, annual, endofyear
    payment required over the life of the following
    loans to repay them fully during the stated
    term.Term of Loa Interest Loan Annual n
    Principal () Rate () (Yrs) Payment () A 30
    comma 00030,000 77 1818 B 40 comma 00040,000 1717
    99 Interest Term of Annual Loan Principal ()
    Rate () Loan (Yrs) Payment () nothing A 30
    comma 00030,000 77 1818 (Round to the nearest
    cent.) You are considering the purchase of a BMW
    M5. You will borrow the money from BMW Financial
    Services. The terms of the deal are outlined
    below BMW M5 RWD, 500hp, 0100 in 4.7s MSRP
    110 comma 000110,000 Term 7272 months APR
    5.55.5 Down Payment 0 Monthly Payments 1
    comma 797.171,797.17

3
AB 239 Determine the equal, annual, endofyear
payment/TUTORIALOUTLET DOT COM
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