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(Created page with "(Odufrey problem) The amount of principal repaid in the 3rd payment of a 5-year level payment loan at 9% is 300. What is the original loan value? <ul class="mw-excansopts"> <li>1,470</li> <li>1,495</li> <li>1,502</li> <li>1,512</li> <li>1,533</li> </ul> '''References''' {{cite web |url=https://web2.uwindsor.ca/math/hlynka/392oldtests.html |last=Hlynka |first=Myron |website=web2.uwindsor.ca | title = University of Windsor Old Tests 62-392 Theory of Interest | access-da...")
 
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<li>1,495</li>
<li>1,495</li>
<li>1,502</li>
<li>1,502</li>
<li>1,512</li>
<li>1,511</li>
<li>1,533</li>
<li>1,533</li>
</ul>
</ul>

Latest revision as of 00:02, 27 November 2023

(Odufrey problem) The amount of principal repaid in the 3rd payment of a 5-year level payment loan at 9% is 300. What is the original loan value?

  • 1,470
  • 1,495
  • 1,502
  • 1,511
  • 1,533

References

Hlynka, Myron. "University of Windsor Old Tests 62-392 Theory of Interest". web2.uwindsor.ca. Retrieved November 23, 2023.