(a) Find their regular monthly payment. (Round your answer to the nearest cent.) $125000 X (b) Find the unpaid balance when they begin paying the $1300. (Round your answer to the nearest cent.) $ (c) How many payments of $1300 will it take to pay off the loan? (Round your answer to two decimal places.) monthly payments
(a) Find their regular monthly payment. (Round your answer to the nearest cent.) $125000 X (b) Find the unpaid balance when they begin paying the $1300. (Round your answer to the nearest cent.) $ (c) How many payments of $1300 will it take to pay off the loan? (Round your answer to two decimal places.) monthly payments
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter27: Time Value Of Money (compound)
Section: Chapter Questions
Problem 6E
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solve asap the question (a),(b),(c) with complete explanation and get upvotes
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