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The interest rate on a $55,000 loan is 8.4% compounded monthly. The monthly payments are $900. Calculate the loan balance immediately after the 12th payment
The interest rate on a $55,000 loan is 8.4% compounded monthly. The monthly payments are $900. Calculate the loan balance immediately after the 12th payment
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Project Financing Asset-Based Financial Engineering
Authors: John D Finnerty
3rd Edition
1118421841, 9781118421840
