What Is the Size of the Final Unequal Payment of a Loan

question 105

Multiple Choice

What is the size of the final unequal payment of a loan that has 69.47 payments and the equal payment size is $215.64? The interest rate is 3.1% per compounding period.

• A) $120.17
• B) $210.17
• C) $102.17
• D) $99.10
• E) $99.17

Understand the role and function of the Bureau of Labor Statistics in measuring unemployment.

Comprehend the concepts of natural rate of unemployment and cyclical unemployment.

Recognize that the amount of unemployment varies significantly over time and across countries.

Identify misconceptions related to the natural rate of unemployment.

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