![emmacox069](/avatars/46350.jpg)
emmacox069
27.11.2019 •
Business
You plan to borrow $75,000 at a 7% annual interest rate. the terms require you to amortize the loan with 10 equal end-of-year payments. how much interest will be paid in year 2? hint: calculate pmt first, then use the amort function on the financial calculator to find the 2nd year interest payment. a. $4,395.19 b. $4,626.52 c. $4,870.02 d. $5,113.52
Solved
Show answers
More tips
- C Computers and Internet Boost your processor performance with these easy tips...
- L Leisure and Entertainment When will Maslenitsa start?...
- F Food and Cooking Discovering the Mysterious Fruit of Feijoa...
- B Business and Finance How to Open an Online Store? A Detailed Guide for Beginners...
- W Work and Career How to Write a Resume That Catches the Employer s Attention?...
- C Computers and Internet Е-head: How it Simplifies Life for Users?...
- F Family and Home How to Choose the Best Diapers for Your Baby?...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
Ответ:
68 and 43 are the answer