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What discount rate should I use

2006-12-08 17:42:37 · 2 answers · asked by Leonard K 1 in Business & Finance Credit

2 answers

Find out how your bank or loan company calculates the interest first before you can even plug this into your calculator, formula, or spreadsheet- semi-monthly, compounded, simple, etc...?

2006-12-08 17:45:37 · answer #1 · answered by Anonymous · 0 0

I wont do the answer for you, but here's a hint: do it in Excel.

2006-12-09 01:45:19 · answer #2 · answered by Chrisusc 2 · 0 0

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