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| rev | Admin | (Created page with "A loan of 50,000 id based on an annual effective interest rate of 6%. You are given: #The loan is to be repaid with quarterly payments of 2125 and a final drop payment. #The first payment is due 1.5 years after the loan is taken out. Calculate the number of payments of 2125 to be made. <ul class="mw-excansopts"><li>28</li><li>29</li><li>30</li><li>31</li><li>32</li></ul> {{soacopyright | 2023 }}") | Nov 19'23 at 13:50 | +402 |