Example of Loan Payment Calculation
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13 سال پیش
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Basic Finance: A 30 year
Basic Finance: A 30 year loan of $1000 is given at 8%. Verify that the monthly payment is $7.34. We calculate the payment by using two separate cash streams, one for the principal and one for the payments. Then we apply a geometric sum to the payments.
13 سال پیش
در تاریخ 1390/01/13 منتشر شده
است.
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