2 The New Bank of New Orleans offers loans to its customers at 9 annual nominal interest compounded monthly If Sebastian borrows

Question

2 The New Bank of New Orleans offers loans to its customers at 9 annual nominal interest compounded monthly If Sebastian borrows 30 000 and makes monthly payments of 622 75 how many years will it take him to repay the loan

Kunduz · Accepted Answer

Click to see the answer