What would the payments be

Reference no: EM131941345

Question: A bank agrees to give you a loan of $12,000,000 and you have to pay $1,309,908 per year (end of year) for 26 years. What is your rate of interest? What would the payments be if this were a monthly payment loan? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131941345

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