Question
A loan of amount$28080 is to be repaid in payments that each consist of a principal repayment of$720 plus the interest on the previous outstanding
A loan of amount$28080 is to be repaid in payments that each consist of a principal repayment of$720 plus the interest on the previous outstanding balance. What is the total interest paid if the interest per payment period is 3.8%?
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New Venture Creation A Framework For Entrepreneurial Start-ups
Authors: Paul Burns
2nd Edition
1352000504, 978-1352000504
