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Question A loan at a nominal annual interest rate of .1783% convertible monthly, is to be repaid with equal payments at the end of each
Question A loan at a nominal annual interest rate of .1783% convertible monthly, is to be repaid with equal payments at the end of each month for 3n months. The 2n-th payment consists of equal payments of interest and principal. Calculate n. Possible Answers 40 B 42 44 D 46 E 48
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