Pre-Calculus Loan Project
Bank interest: 5%
4
A= 5000(1+ 0.05) = 6077
3
5000(1+.05) = 5788
2
5000(1+.05) = 5512
1
5000(1+.05) = 5250
6
A= 22627(1+.05) = 30322
A= 30322/72= 421
gov. sub and gov unsub: 3.86%
month: $421
3
5000(1+.05) = 5788
2
5000(1+.05) = 5512
1
5000(1+.05) = 5250
6
A= 22627(1+.05) = 30322
A= 30322/72= 421
gov. sub and gov unsub: 3.86%
month: $421
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