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Suppose that you need an amount of money which equals to 16204073. It is possible to find it from bank A at an annual interest
Suppose that you need an amount of money which equals to 16204073. It is possible to find it from bank A at an annual interest rate of 18 percent under 12 equal payment. If the first payment will be 1 month later the day you used the loan. Find the equal payments and prepare the amortization table.
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