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I am trying to find the right numbers with an explanation. You signed a 10-year loan with yearly payments. The loan is $43,600. The interest
I am trying to find the right numbers with an explanation.
You signed a 10-year loan with yearly payments. The loan is $43,600. The interest rate is 5%. and the loan calls for equal payments. What is the value of the payment to the principal in the first year of this loan? You need to upload your calculations via Bb, if not your mark will be zeroStep by Step Solution
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