Posted by Abel on December 17, 2002 at 11:41:08:
In Reply to: Calculator Problem posted by Abel on December 17, 2002 at 11:32:29:
Sorry, I hit a wrong button. The correct monthly payment for $25,000 @11% for 3 yrs should have been $818.47. But I would still like to know how to calculate my yield if the payor were to prepay the first 3 payments?
Thanks again.