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Business, 05.09.2019 20:10 zurfluhe

You borrowed today $50,000 at 12% compounded monthly to be paid back in 36 months. you are expected to pay accumulated interest and 1/36th of the principle each month. how much is your 20th payment?

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You borrowed today $50,000 at 12% compounded monthly to be paid back in 36 months. you are expected...
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