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November 27th, 2017, 10:48 AM   #1
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Special loan

Methinks ya'll will have fun with this one!

A loan of 10,000 dollars is set up this way:
3 years: 36 monthly payments of SAME amount
year#1 rate: 12% APR compounded monthly
year#2 rate: 10% APR compounded monthly
year#3 rate: 8% APR compounded monthly

What's the monthly payment?
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November 27th, 2017, 10:56 AM   #2
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about tree fiddy
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November 27th, 2017, 11:29 AM   #3
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https://www.urbandictionary.com/defi...m=tree%20fiddy

Is that your way of saying "ya got me stumped"?!
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Last edited by Denis; November 27th, 2017 at 11:32 AM.
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