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Mark A 10,000 loan is being repaid over 5 years with monthly end-of-the-month installments at a 15% annual effective rate of interest. Find the amount
Mark A 10,000 loan is being repaid over 5 years with monthly end-of-the-month installments at a 15% annual effective rate of interest. Find the amount of principal repaid in the 20th payment.
A.131
B.145
C.175
D.191
E.211
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