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$5000 is borrowed, to be repaid in three equal, annual payments with 10% interest. Approximately how much interest is paid with the second payment?
$5000 is borrowed, to be repaid in three equal, annual payments with 10% interest. Approximately how much interest is paid with the second payment?
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Principles Of Finance With Excel
Authors: Simon Benninga, Tal Mofkadi
3rd Edition
0190296380, 9780190296384
