The loan payment is 11411 a month how many loan payments


Today, the Corner Store borrowed $5,250 at 7.2 percent, compounded monthly. The loan payment is $114.11 a month. How many loan payments must the firm make before the loan is paid in full?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The loan payment is 11411 a month how many loan payments
Reference No:- TGS02823713

Expected delivery within 24 Hours