knead to know pizza recenetly took out a 4 3 8 0 0 0  loan on a interest rate of 6 %  that will require equal annual payments the loan will last for 1 5  years after the 4 th paymenyt what is the outstanding balance? The correct answer is 2,103,855.53. Can you show me how to get that please

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To calculate the outstanding balance on a loan after the 4th payment we can use the fo... View the full answer