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Title: Your bank has agreed to grant you a discount loan with an APR of 5.25%. If you need $5,000 today, ... Post by: stranahan on Nov 18, 2016 Your bank has agreed to grant you a discount loan with an APR of 5.25%. If you need $5,000 today, how large is the face value of the loan?
A) $5,000 B) $4,751 C) $5,263 D) $5,277 Title: Re: Your bank has agreed to grant you a discount loan with an APR of 5.25%. If you need $5,000 ... Post by: Awful_Homie on Nov 18, 2016 Content hidden
Title: Re: Your bank has agreed to grant you a discount loan with an APR of 5.25%. If you need $5,000 today, ... Post by: stranahan on Jan 6, 2017 Thank you for the help. I had a few questions on a few of them and this really confirmed my answers.
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