A written and signed document between an employer entity and a labor organization specifying the terms and conditions of employm
1 answer:
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Answer:
$116,161.616
Explanation:
Given that,
Total interest paid = $230,000
Time period = 30 year
Annual interest rate = 6.6%
Total interest on loan = Loan amount × Interest rate × Time period
$230,000 = Loan amount × 6.6% × 30 years
Loan amount:
= $116,161.616
Therefore, the loan amount is $116,161.616.
Answer:
present value = $8396.19
Explanation:
given data
cash flow = $10,000
rate r = 6 %
time period t = 3 years
to find out
present value of the note
solution
we get here present value that is expressed as
present value = ....................1
put here value and we will get present value
present value =
solve it we get
present value = $8396.19