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Can someone explain how to do this question with formulas not a spread sheet or chart? Thanks. A loan is being amortized with 25 quarterly
Can someone explain how to do this question with formulas not a spread sheet or chart? Thanks. 
A loan is being amortized with 25 quarterly payments. The principal portion of the 16 th payment is $609.34.1f/4=10%, what is original amount of the loan? (answer to nearest dollar) You are given: S250.025=34.1578,a25;0.025=18.4244 A. $26,643 B. $14,371 c. $7752 D. $14,021 Step by Step Solution
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Finance Led Capitalism Shadow Banking Re Regulation And The Future Of Global Markets
Authors: Robert Guttmann
1st Edition
1137398566, 978-1137398567
