The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5 % and present value amount is $ 2 , 200 .

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Answer 1

Question

Chapter 12, Problem 32AT

To determine

To calculate: The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5% and present value amount is $2,200.

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Answer 2

Question

Chapter 12, Problem 32AT

To determine

To calculate: The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5% and present value amount is $2,200.

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Answer 3

Question

Chapter 12, Problem 32AT

To determine

To calculate: The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5% and present value amount is $2,200.

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Answer 4

Question

Chapter 12, Problem 32AT

To determine

To calculate: The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5% and present value amount is $2,200.

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Answer 5

Chapter 12, Problem 32AT

To determine

To calculate: The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5% and present value amount is $2,200.

Answer 6

Chapter 12, Problem 32AT

To determine

To calculate: The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5% and present value amount is $2,200.

Answer 7

Chapter 12, Problem 32AT

To determine

To calculate: The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5% and present value amount is $2,200.

Answer 8

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Answer 9

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Answer 10

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Answer 11

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The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5 % and present value amount is $ 2 , 200 .

Solution Summary: The author calculates the amortization or loan payment for 59.568 when payment frequency is 1 a month, time duration in 4 years, nominal rate of return, and present value amount.

To calculate: The amount of loan payment when payment frequency is 1 a month, the time duration in 4 years, the nominal rate of return is 13.5% and present value amount is $2,200.

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Chapter 12 Solutions