If you added 300 to your 8th payment when would you pay


If you added $300 to your 8th payment, when would you pay your loan off (assuming all other payments made regularly) and what would be the total amount due on your last payment. (Hint: the practical way to answer this question is to use an amortization table in Excel. I do not need to see printout of the table.)

Solution Preview :

Prepared by a verified Expert
Business Management: If you added 300 to your 8th payment when would you pay
Reference No:- TGS01540629

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)