Solution-How much do you need to pay down every 2 weeks

How much do you need to pay down every 2 weeks

Reference no: EM132589076

You borrow $148000 to buy an RV. The loan was negotiated at 7% interest, compounded bi-weekly. You would like to pay off the loan in 11 years. How much do you need to pay down every 2 weeks?

Reference no: EM132589076

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How much do you need to pay down every 2 weeks

Reference no: EM132589076

Reference no: EM132589076

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Finance Basics Questions & Answers

Financial reporting and analysis

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Describe the types of financial ratios

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What are the implied interest rates

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Effect of financial leverage

Evaluate the basis for the payment to the lender

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