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Your yearly loan repayments on a $450,000 loan over ten years are $62,597.11. If the interest rate is 6.5% p.a., what is the loan outstanding
Your yearly loan repayments on a $450,000 loan over ten years are $62,597.11. If the interest rate is 6.5% p.a., what is the loan outstanding at the end of the first year?
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Auditing
Authors: Alan Millichamp, John Taylor
11th Edition
1473749301, 978-1473749306
