Business, 30.10.2020 16:50 datgamer13

Suppose you borrowed $25,000 at a rate of 8.5% and must repay it in 5 equal installments at the end of each of the next 5 years. How much would you still owe at the end of the first year, after you have made the first payment

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Suppose you borrowed $25,000 at a rate of 8.5% and must repay it in 5 equal installments at the end...

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