Mathematics, 30.09.2019 22:30 miriam62

Suppose you borrowed $15,000 at a rate of 11.1% and must repay it in 5 equal installments at the end of each of the next 5 years. how much interest would you have to pay in the first year?

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Suppose you borrowed $15,000 at a rate of 11.1% and must repay it in 5 equal installments at the end...

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