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Gabriela has taken out a loan for server equipment for her business totaling $12,500. The loan will be repaid by making end of quarter payments
Gabriela has taken out a loan for server equipment for her business totaling $12,500. The loan will be repaid by making end of quarter payments of $386.42 for the next 10 years. If interest is 4.3% compounded monthly, find the balance on the loan at the end of the 4th year? Enter a POSITIVE VALUE, rounded to two decimal places. Balance at the end of the 4 th year: $ Step by Step Solution
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ISO 9000 Family Of Standards With Extracts From ISO 9001 Audit Trail
Authors: David John Seear
1st Edition
1477226400, 978-1477226407
