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A debt of $25,000 is to be repaid in monthly installments of $500. Interest on the debt is 7.2% compounded monthly. How much principal is
A debt of $25,000 is to be repaid in monthly installments of $500. Interest on the debt is 7.2% compounded monthly. How much principal is repaid in the first payment?
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Global Trends Of Modernization In Budgeting And Finance
Authors: Denis Ushakov
1st Edition
1522577602,1522577610
