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In a 20-year debt repayment plan, with 1.500 units paid at the end of each year, the 12th The next payments will be made as
In a 20-year debt repayment plan, with 1.500 units paid at the end of each year, the 12th
The next payments will be made as 1000, 1000 + K,
1000 + 2K ... starting from the 13th payment.
Since the total payment period does not change, the value of the last installment for the annual effective interest rate of 6%.
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