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Robert wishes to start his own restaurant and will have to borrow $150000 from the bank to help him get started. He can afford to
Robert wishes to start his own restaurant and will have to borrow $150000 from the bank to help him get started. He can afford to repay this loan with monthly payments of $1000, with interest being charged at j12=6.5% p.a.
find the size of a partial payment. Describe and perform a sanity check on your answer.
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Personal Finance For Dummies
Authors: Eric Tyson
9th Edition
1119517893, 978-1119517894
