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Business, 25.03.2020 06:43 geraldsmith2008

Letitia borrowed $6,000 from her bank two years ago. The loan term is four years. Each year, she must repay the bank $1,500 in principal plus the annual interest. The payments are in equal amounts, with the entire loan paid off by the end of the four years. Which type of loan does she have

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Letitia borrowed $6,000 from her bank two years ago. The loan term is four years. Each year, she mus...
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