Business, 07.03.2020 04:42 nacgrading3p6d8pf
Angela borrowed $30,000 for her college tuition at 3% per year convertible quarterly. Her father agreed to make payments until the outstanding balance was less than $10,000. At that time Angela would make payments until the loan would be repaid. The length of the loan is for 15 years and level payments are made on an annual basis. How many payments will Angela need to make?a. 4b. 6c. 2d. 3e. 5
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Angela borrowed $30,000 for her college tuition at 3% per year convertible quarterly. Her father agr...
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