Note that this is a regular effortless annuity
PVORD = $10,000; I/Y = 8%; C/Y = 4; PMT = $; P/Y =12; Years = 2; FV = $0 Step twenty three: Calculate the future worth of the mortgage dominating before the earliest percentage regarding show (adopting the 6th payment per month) having fun with Formula 9.2B. To your income tax 12 months covering costs 7 thanks to 18, complete money from $5, are created, where $four, is actually deducted off prominent if you…
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