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Using a BA II plus calculater, showing all inputs. Your company has just taken out a 1 year installment loan for $72,500 at a nominal

Using a BA II plus calculater, showing all inputs. Your company has just taken out a 1 year installment loan for $72,500 at a nominal rate of 11% but with equal end of month payments. What percentage of the 2nd monthly payment will go toward the repayment of the principal?

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