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A loan is to be repaid over 30 years, with month-end repayments of 3.000 . If the interest rate is 5.1% p.a. compounded monthly. Calculate

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A loan is to be repaid over 30 years, with month-end repayments of 3.000 . If the interest rate is 5.1% p.a. compounded monthly. Calculate the principal paid for year 10 . Correct your answer to the nearest cent without any units. (Do not use " $ " or "." in your answer. e.g. 12345.67) Answer: A loan is to be repaid over 30 years, with month-end repayments of 3.000 . If the interest rate is 5.1% p.a. compounded monthly. Calculate the principal paid for year 10 . Correct your answer to the nearest cent without any units. (Do not use " $ " or "." in your answer. e.g. 12345.67)

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