How much should your creditor be willing to accept at least
Problem
You owe ?30,000 due at the end of 3 years without interest. After 2 years, you want to pay the loan, how much should your creditor be willing to accept at the least? Money is worth 8%.
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After 2 years, you want to pay the loan, how much should your creditor be willing to accept at the least? Money is worth 8%.
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