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You want to buy a car and a local bank lend you 20000 the loan will be fully amoritized over 5 years and the nominal interest rate would be 12 percent with interest paid monthly what would be the mont?
Updated: 10/22/2022
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∙ 12y agoBest Answer
$444.75
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Earn +20 ptsQ: You want to buy a car and a local bank lend you 20000 the loan will be fully amoritized over 5 years and the nominal interest rate would be 12 percent with interest paid monthly what would be the mont?
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You want to buy a car and a local bank will lend you 20000 the loan would be fully amoritized over 5 years and the nominal interest rate would be 12 percent?
What is your question? Makes no sense.
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The annual nominal rate of interest on a bank certificate of deposit is 12 percent what would be the effect of an inflation rate of 13 percent?
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