Hi, could someone please help my with a problem
[FONT="]A $50200 loan is repaid by 28 payments of $4700 each at the end of year, followed by 10 payments of $4300 each at the beginning of the month. What interest rate (i1) is being charged?[/FONT]
[FONT="]A $50200 loan is repaid by 28 payments of $4700 each at the end of year, followed by 10 payments of $4300 each at the beginning of the month. What interest rate (i1) is being charged?[/FONT]