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a 4% loan of $20,000 is to be repaid by level annual installments. The principal on the 4th installment is $450. Find the amount of
a 4% loan of $20,000 is to be repaid by level annual installments. The principal on the 4th installment is $450. Find the amount of each installment. Do not use Excel, please work out by hand.
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International Finance Transactions Policy And Regulation
Authors: Hal S. Scott
15th Edition
159941547X, 978-1599415475
