lilit
Mar 27, 2012, 02:55 PM
Curtis Builders is borrowing $140,000 today for 5 years. The loan is an interest-only loan with an APR of 9.5 percent. Payments are to be made annually. What is the amount of the first annual payment?
View Full Version : Curtis Builders is borrowing $140,000 today for 5 years. The loan is an interest-only