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You are considering taking out a loan of $11,000.00 that will be paid back over 12 years with monthly payments of $103.67. If the interest
You are considering taking out a loan of $11,000.00 that will be paid back over 12 years with monthly payments of $103.67. If the interest rate is 4.1% compounded monthly, what would the unpaid balance be immediately after the twelfth payment? The unpaid balance would be $ (Round to 2 decimal places.)
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Managerial Accounting The Cornerstone Of Business Decision-making, , (6 Months)
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
7th Edition
1337115924, 9781337115926
