Monday
April 21, 2014

Homework Help: Math

Posted by April on Saturday, August 3, 2013 at 5:46am.

Stillwater hospital is borrowing $1,000,000 for its medical office building. The annual interest rate is 5 percent. What will be the equal annual payments on the loan if the length of the loan is four years and payments occurs at the end of each year?

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