A company borrowed $10,000 at 12% interest per year compounded yearly. The loan was repaid at $2,000
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A company borrowed $10,000 at 12% interest per year compounded yearly. The loan was repaid at $2,000 per year for the first 4 years and $2,200 in the fifth year. How much must be paid in the sixth year to pay off the loan?
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Related Book For 
Project Management Systems Principles And Applications
ISBN: 9781420083200
1st Edition
Authors: Adedeji B Badiru
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