SOLUTION: Need help solving or formula to solve it. Nancy will pay $10,000 per quarterly at 6-1/2% interest per year compounded quarterly. She will borrow everything but a 10% down payment.
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-> SOLUTION: Need help solving or formula to solve it. Nancy will pay $10,000 per quarterly at 6-1/2% interest per year compounded quarterly. She will borrow everything but a 10% down payment.
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Question 1154574: Need help solving or formula to solve it. Nancy will pay $10,000 per quarterly at 6-1/2% interest per year compounded quarterly. She will borrow everything but a 10% down payment. Determine how many years it will take to pay off the loan? Answer by mananth(16946) (Show Source):
