SOLUTION: For how many years will Prasad make payments on the $28 OOO he borrowed to start his machine shop if he makes payments of $3400 at the end of every three months and interest is 8.0

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Question 1207418: For how many years will Prasad make payments on the $28 OOO he borrowed to start his machine shop if he makes payments of $3400 at the end of every three months and interest is 8.08% compounded semi-annually?

Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.
For how many years will Prasad make payments on the $28 OOO he borrowed to start his machine shop
if he makes payments of $3400 at the end of every three months and interest is 8.08% compounded semi-annually?
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D U P L I C A T E


Just was solved/answered today at this forum under this link

https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1207428.html