Harriet is repaying a loan with payments of 3000 at the end of every two years. If

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Harriet is repaying a loan with payments of 3000 at the end of every two years. If the amount of interest in the 5^^ installment is 2,982.31, find the amount of principal in the 8'^ installment.

Assume / = .13.

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Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach

ISBN: 978-1566983334

3rd Edition

Authors: Asa Michael M. Parmenter, Ph.d.

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Question Posted: Sep 19, 2024 05:02 AM

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Harriet is repaying a loan with payments of 3000 at the end of every two years. If

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Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach

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