Mathematics, 26.09.2019 08:00 shouyuanroh3685
John brown has a $50,000 loan. he has a 9% annual interest rate. he paid $2,000 in fees and $4,486.05 in total interest the first year. if the apr is the finance charge (interest plus fees) for one year ÷ amount financed, what was the apr rounded to the nearest percent for that year?
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Calculate the annual effective interest rate of a 12 % nominal annual interest rate compound monthly
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John brown has a $50,000 loan. he has a 9% annual interest rate. he paid $2,000 in fees and $4,486.0...
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