Question:

4 Taylor makes monthly payments of 180 25 on a current loan

Last updated: 3/8/2024

4 Taylor makes monthly payments of 180 25 on a current loan

4 Taylor makes monthly payments of 180 25 on a current loan from her bank The bank charges a nominal interest rate of 9 compounded monthly What is the loan amount PV of the loan if it is to be paid back over 6 years