Cromwell is acquiring some land for $1,200,000 in exchange for semiannual payments of $75,000 at an interest rate of 6. 35 percent. How many years will it take cromwell to pay for this purchase?.

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04-10-2022
Business

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Cromwell is acquiring some land for $1,200,000 in exchange for semiannual payments of $75,000 at an interest rate of 6. 35 percent. How many years will it take cromwell to pay for this purchase?.

Sagot :

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Cromwell is acquiring some land for $1,200,000 in exchange for semiannual payments of $75,000 at an interest rate of 6. 35 percent. How many years will it take cromwell to pay for this purchase?.

Sagot :

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