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a - 1 mortage makes loans with the interest charged on the loan principle rather than on the unpaid balance. consider a 6 years loan

a-1 mortage makes loans with the interest charged on the loan principle rather than on the unpaid balance. consider a 6 years loan 10000at 13% per year. if interest is charged on the unrecoverd balance what equal annual payment would to complete the repayment of the loan in 6 years.

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