Answer to Question #49067 in Finance for Alex

Question #49067
BGE takes out a loan at j1=.12 (=12%) on which BGE makes semiannual payments of $4500 with the first payment starting six months after taking the loan. If the loan is repaid at the end of ten years, what was the amount of the loan?
1
Expert's answer
2014-11-18T10:05:31-0500
The answer to the question is available in the PDF file https://www.assignmentexpert.com/homework-answers/economics-answer-49067.pdf

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