Question: Hello! I need help with a finance question. Find the 2nd month opening balance for a loan of 30.000 EUR reimbursed in 24 constant monthly

Hello! I need help with a finance question. Find the 2nd month opening balance for a loan of 30.000 EUR reimbursed in 24 constant monthly installments, without grace period. Consider that the annual interest rate of the loan resulted from a real interest rate of 8% and expected average inflation rate of 5.35%.

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