Description of this paper

The Building and Land payments are to the same company. A total of $12,000

Description

solution


Question

The Building and Land payments are to the same company. A total of $12,000 was due at signing. The remaining is put on a note payable to Star Financial Bank. The note is to be repaid monthly and has an 8% compounding interest rate. Each monthly payment is $840.98.They can be paid in one lump sum. They were listed separately for your convenience. This is a 15 year note

 

Paper#25004 | Written in 18-Jul-2015

Price : $22
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