If $500 was paid every month to amortize a $16,850 student loan that was issued at 4.45%
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If $500 was paid every month to amortize a $16,850 student loan that was issued at 4.45% compounded daily, calculate the balance on the loan at the end of 2 years and 7 months and the size of the final payment.
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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