A loan is offered with monthly payments and a 1175 percent, Financial Management

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A loan is offered with monthly payments and a 1175 percent

1. What is the future value of a $600 annuity payment over five years if interest rates are 9 percent?

2. What's the percent value of a $670 annuity payment over six years if interest rates are 10percent?

3. A loan is offered with monthly payments and a 11.75 percent APR. What's the Logan's effective annual rate?

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Financial Management: A loan is offered with monthly payments and a 1175 percent

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Financial Management: A loan is offered with monthly payments and a 1175 percent

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