Which is the better loan: 9% compounded annually, or 9.75% compounded quarterly if you are...
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- Which is the better loan: 9% compounded annually, or 9.75% compounded quarterly if you are the borrower?
- If you borrow $150,000 at 9% fixed interest for 15 years, what will be your monthly payment?
- The value of $150 compounded continuously for 1 year is_
Please show step by step calculation
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