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A 50000 loan made on january 1, 2010 is to be repaid over 25years with payments on the last day of each month, beginningjanuary 31,2010.
A 50000 loan made on january 1, 2010 is to be repaid over 25years with payments on the last day of each month, beginningjanuary 31,2010.
if i(2) = 10%, find the amount of the monthlypayment X.
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
