# Gr 11 present value of annuity?

Answers:0 | LastUpdateAt:2012-09-09 08:29:02

**Q**uestion- Kainalu Mauga
- Asked at 2012-09-09 08:29:02

jonah signed a loan agreement which requires a down payment of $ 1,500 and fees of $ 200 a month for 10 years. The interest rate is 9 % per annum , compounded monthly . MedlinePlus
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What is the cash value of the contract MedlinePlus
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If Jonah missing the first 8 payments , what you pay at the time of payment ninth himself should update MedlinePlus
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if you missed the first 8 payments, which is what you have to pay in the ninth payment to pay the full contract

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