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Hi please help me with the problem below, make sure write down detailed steps, thank you! Question 1 A loan is being repaid with level

Hi please help me with the problem below, make sure write down detailed steps, thank you!

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Question 1 A loan is being repaid with level annual payments based on an annual effective interest rate of 8%. If the outstanding balance immediately after the 10th payment is 1000, calculate the amount of interest in the 11th payment

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