Voting Theory - OpenTextBookStore
If the compounding is done daily, k = 365. ... We can quickly calculate 12×30 = 360, giving . Now we can use the calculator. Using your calculator continued. ... You’re paying a total of $302,173.20 to the loan company: $839.37 per month for 360 months. You are paying a total of $302,173.20 - $140,000 = $162,173.20 in interest over the life ... ................
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