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You are Borrowing 10,000 Euros in a French System standard. If the Payment is 429.81 Euros monthly, and the Nominal Interest rate for the loan
You are Borrowing 10,000 Euros in a French System standard. If the Payment is 429.81 Euros monthly, and the Nominal Interest rate for the loan is 3%. What is the outstanding Capital at the end of the first period? A) 9595.19 B) 9570.19 C) 9700 D) 9645.45
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