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Xavier is indebted to Warren in the amount of 50,000 payable in 10 monthly installments and with interest at 30% per annum. What is the
Xavier is indebted to Warren in the amount of 50,000 payable in 10 monthly installments and with interest at 30% per annum. What is the effect in Warren would be receiving payment of the principal without receiving first the interest? Explain.
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