Question: a loan must be repaid in 5 years and a 36% annual financing interest payable monthly. if the installments are monthly and equal within each

a loan must be repaid in 5 years and a 36% annual financing interest payable monthly. if the installments are monthly and equal within each year, but, year after year, they decrease by 2%, find the value of the first installment if the loan was $ 3,000,000.

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