Question: 1 3 $ 2 8 5 0 was borrowed 4 - years ago, is to be settled by following payments: $ 1 4 2 5
$ was borrowed years ago, is to be settled by following payments: $ today, $ in months from now, and a final payment in months from now.
What is the BALANCEamount owing of the loan BEFORE the following payments if the interest on the loan is compounded monthly?
tableTodayin months,$
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