I need a step by step answer to this question for excel purposes, i will...

50.1K

Verified Solution

Question

Finance

image

I need a step by step answer to this question for excel purposes, i will leave an upvote!

What is the loan payment (in dollars) of a 20 year loan of $200,000 with an APR of 12% and annual payments

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students