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Statue Builders, Inc. took out a loan for $255,725 that has to be repaid in 11 equal annual installments. The APR on the loan is
Statue Builders, Inc. took out a loan for $255,725 that has to be repaid in 11 equal annual installments. The APR on the loan is 6.04 percent. How much of the second payment is interest?
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The Economics Of Money Banking And Finance
Authors: Keith Bain, Peter Howells
1st Edition
0582278007, 9780582278004
