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A company has a loan of 100,000 to be repaid with 30 annual end of year level payments. The principal and the interest in the
A company has a loan of 100,000 to be repaid with 30 annual end of year level payments. The principal and the interest in the 21st payment are the same. Find the principal repaid in tne 10th payment.
(A) 1862 (B) 1871 (C) 1884 (D) 1901 (E) 1913
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