A loan is being repaid by 2n level payments starting one


A loan is being repaid by 2n level payments, starting one year after the loan. Just after the nth payment the borrower finds that she still owe (3/4) of the original amount. What proportion of the next payment is interest?

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Financial Management: A loan is being repaid by 2n level payments starting one
Reference No:- TGS0976221

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