Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / A loan is to be repaid over 30 years, with month-end repayments of 5,000. If the interest ...

A loan is to be repaid over 30 years, with month-end repayments of 5,000. If the interest rate is 3.2% p.a. compounded monthly. Calculate the loan outstanding balance at the end of 10 years. Correct

A loan is to be repaid over 30 years, with month-end repayments of 5,000. If the interest rate is 3.2% p.a. compounded monthly. Calculate the loan outstanding balance at the end of 10 years. Correct your answer to the nearest cent without any units. 

Apr 14 2021 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions