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You borrowed $70,000 at an APR of 16%, which you are paying off with monthly payments of $973.88 for 20 years. Identify the amount borrowed,
You borrowed $70,000 at an APR of 16%, which you are paying off with monthly payments of $973.88 for 20 years. Identify the amount borrowed, the annual interest rate, the number of payments per year, the loan term, and the payment amount. Amount borrowed: Annual interest rate: Number of payments per year: Loan term: Payment amount: % years Step by Step Solution
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Banking And Finance Managing The Moral Dimension
Authors: James Lynch
1st Edition
1855731762, 978-1855731769
