The present value of a car is 100,000 TL. Someone who wants to buy this...
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The present value of a car is 100,000 TL. Someone who wants to buy this car. He'll use a 4-year loan. The first payment on this loan is at the beginning of the fourth month and ongoing payments will be made at the beginning of each month. Loan interest If the 12% nominal interest rate with a 3-month term is, calculate the loan repayments?
I need solution for my homework i have only 1 hour for this.I need step by step solution with formulas "not with excel report.or something like this" thanks.
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