Suppose you borrowed 30000 at a rate of 85 and must repay
Suppose you borrowed 30,000 at a rate of 8.5% and must repay it in 5 equal installments at the end of each of the next 5 years.
How much would you still owe at the end of the first year, after you have made the first payment?
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suppose you borrowed 30000 at a rate of 85 and must repay it in 5 equal installments at the end of each of the next 5
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