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Based on the following information regarding loan amortization process: A loan of EGP 50,000 The loan will be amortized with 12 equal quarterly payments The

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Based on the following information regarding loan amortization process: A loan of EGP 50,000 The loan will be amortized with 12 equal quarterly payments The interest rate is 14 = 12% (compounded quarterly) Find the outstanding principal after paying the third Quarterly payment? Multiple Choice O O 42843.99 . 39104.18 502513

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