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firenation18
25.07.2019 •
Business
Describe at least two factors of an investment that you would want to consider before putting money into that specific investment
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Ответ:
Ответ:
$67,600
Explanation:
First, find the interest rate on the loan.
Pv = $107,400
Pmt = - $17,500
n = 10
P/Yr = 1
Fv = $0
i = ?
Using a Financial Calculator to input the values as show, the interest rate (i) will be 10.0282 or 10 %
Use the Amort Function to start populating an amortization schedule.
To find the total Interest [Financial Calculator]:
Enter 1 INPUT 10 + SHIFT + AMORT
We get = $67,600 as the total Interest.