Question: A 35 year loan is to be repaid with equal installments at the end of each year. The amount of interest paid in the 8th

A 35 year loan is to be repaid with equal installments

A 35 year loan is to be repaid with equal installments at the end of each year. The amount of interest paid in the 8th installment is $135. The amount of interest paid in the 22nd installment is $108. Calculate the amount of interest paid in the 29th installment

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