Question
The balance after 11 months, including interest, on a loan at 9.6% is 15,558.40. What are the principal and interest components of the balance? Round
The balance after 11 months, including interest, on a loan at 9.6% is 15,558.40. What are the principal and interest components of the balance? Round your final answers 2 decimal places.
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
10th Edition
0135160618, 978-0135160619
