General Annuity

How much is the monthly payment on an automobile loan of 3,000 for 4 years with interest rate of 3% compounded quarterly?

• Simple Annuity

• General Annuity

2.     An annuity where the payment interval is the same as the interest rate.

• Simple Annuity

• General Annuity

3.     An annuity where the payment interval is the same as the interest rate.

• Simple Annuity

• General Annuity

1.     How much is the monthly payment on an automobile loan of 18,000 for 4 years with interest rate of 3% compounded monthly?

• Simple Annuity

• General Annuity

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