Top Posters
Since Sunday
s
3
v
3
p
3
m
2
s
2
d
2
N
2
d
2
e
2
s
2
s
2
e
2
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
wberry8 wberry8
wrote...
Go to Answer
Posts: 158
Rep: 0 0
A year ago
Helen and Morley borrowed $20,000 from Helen's father to make a down payment on a house. The interest rate on the loan is 8% compounded annually, but no payments are required for two years. The first monthly payment of $300 is due on the second anniversary of the loan. How long after the date of the original loan will the last payment be made? Round up the number of payments.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 60 times
1 Reply
Replies
Answer verified by a subject expert
bolusmachinebolusmachine
wrote...
#1
Posts: 133
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wberry8 Author
wrote...

A year ago
Thanks
jamiebonf99
wrote...

Yesterday
Smart ... Thanks!
my2redeyes
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  968 People Browsing
 123 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 2359
  
 416
  
 326
Your Opinion
Which country would you like to visit for its food?
Votes: 262
Previous poll results: Who will win the 2024 president election?