Question: diffrent method than ammortization table please 6. A loan of $10,000 is amortized by equal annual payments for 30 years at an effective annual interest
diffrent method than ammortization table please
6. A loan of $10,000 is amortized by equal annual payments for 30 years at an effective annual interest rate of 5%. Determine the year in which the interest portion of the payment is most nearly equal to one-third of the payment
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