= Homework: Chapter 6 Homework Question 4, PS-14 (simila. Part 2 HW Score: 60%, 12...
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Finance
= Homework: Chapter 6 Homework Question 4, PS-14 (simila. Part 2 HW Score: 60%, 12 of 20 points Point 0 of 3 Save Annuity number of periods) Alex Karev has taken out a $200,000 on with an arvual rate of 12 percent compounded monthly to pay off Hospital bills from his we tazy's ress. If the most Ales can afford to pay $2.500 per month, how long will take to pay of the an? How long will take for him to pay off to the can pay $3.000 per mon Use five decimal places for the monthly percentage rule in your calculators Alex com pay $2.500 per month, the number of years I take for him to pay all the tour is your Round to sea decimal place)

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