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Reggie takes a loan for 5 years to be repaid by level end of year payments of R. The interest paid in the third payment
Reggie takes a loan for 5 years to be repaid by level end of year payments of R. The interest paid in the third payment was 136.16 and the interest paid in the 5 th payment was 47.62. Please find the amount of principal paid in the fourth payment P4. NO EXCEL OR ACTUARIAL CALCULATOR FORMULAS!! PLEASE USE FINANCIAL MATH AND SHOW ALL STEPS
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