ajj3233
ajj3233
03.12.2021 • 
Mathematics

john wants to apply for a loan, with a present annuity due value of $3,500,568.78 course herofrom a bank that charges 14.28 % interest per annum, compounded monthly. if he can only be able to pay back $43,367.21 per annum at the beginning of each year, when will john fully pay all of his debt to the bank?

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