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A debt is amortized with 60 equal monthly payments at an annual effective interest rate of 12%. The amount of principal in the third payment
A debt is amortized with 60 equal monthly payments at an annual effective interest rate of 12%. The amount of principal in the third payment is 900 . Calculate the amount of principal in the 33 rd payment. 668 900 1,008 1,195 1,213
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