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A $28,250 loan at 9% compounded quarterly is repaid by monthly payments over five years. a. What is the amount of the final payment? b.
- A $28,250 loan at 9% compounded quarterly is repaid by monthly payments over five years.
a. What is the amount of the final payment?
b. Calculate the principal and interest portions of the payments in the final year
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Modern Internal Auditing An Operational Approach
Authors: Victor Zinn Brink
3rd Edition
0471065242, 978-0471065241
