Get Tutoring: You get a loan for $12911 today and will pay back the loan as three equal payments in years 1, 2 and 3. If the interest on the loan is 4%, how big is each payment?

Wednesday 28 February 2018

You get a loan for $12911 today and will pay back the loan as three equal payments in years 1, 2 and 3. If the interest on the loan is 4%, how big is each payment?

You get a loan for $12911 today and will pay back the loan as three equal payments in years 1, 2 and 3. If the interest on the loan is 4%, how big is each payment?