Mathematics
26.02.2023 19:25
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You have a 20-year annuity with a present value of $575,000. If the APR is 6%, what
You have a 20-year annuity with a present value of $575,000. If the APR is 6%, what is the monthly yield?
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smariedegray
4,5(73 marks)
1/2 + 1/4 + 1/6 = 3/4 + 1/6 = 11/12 .
1/12 = 1000
1=1000*12
1=12000
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