FUNDAMENTALS OF FINANCIAL PLANNING
Tom’s 401k = $8,900. Tom – employer life ins. 2 x salary. ... Calculate the payments on a $10,000 loan, at 12% interest, amortized 5 years, payable quarterly. ... three years ago. he received payments of 10.75% semi-annually. Today his bonds are worth $56,358. What was the IRR on this investment? ................
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