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Your company is planning to borrow $1,000,000 on a 5-year, 15% annual payment , full amortized term loan. What fraction of the payment made at
Your company is planning to borrow $1,000,000 on a 5-year, 15% annual payment , full amortized term loan. What fraction of the payment made at the end of the second year will represent repayment of principal?
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The Essential Credit Repair Handbook
Authors: Deborah McNaughton
1st Edition
160163160X, 978-1601631602
